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MONTHLY STATISTICAL RELEASE

Index of Commodity Prices

Release date: 1 October 2008

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Preliminary estimates for September indicate that the Index rose by 0.5 per cent (on a monthly average basis) in SDR terms, following an increase of 2.0 per cent (revised) in August. The largest contributors to the rise in September were increases in the prices of coking coal and thermal coal (reflecting the inclusion of preliminary estimates). The prices of wheat, aluminium, copper and beef fell. In Australian dollar terms, the Index rose by 6.1 per cent in September following an increase of 8.1 per cent (revised) in August.

The breakdown of the weights used in the index are set out in the Bulletin for October 2003.

Details are in the attached table and graph.

Table: Historical Data Table - XLS 68K

Graph: RBA Index of Commodity Prices

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Reserve Bank of Australia
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