Search: Index of Commodity Prices

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RBA Glossary definition for Index of Commodity Prices

Index of Commodity Prices – A Reserve Bank of Australia-compiled index which provides a measure of price movements in rural and non-rural (including base metals) commodities in Australian Dollars (AUD), Special Drawing Rights (SDR) and United States Dollars (USD).

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Appendix A: Data Sources and Definitions

31 Dec 2012 RDP 2012-02
David Jacobs and Vanessa Rayner
ABS. CPI inflation, trimmed mean. Terms of trade. ABS. Ratio of Australia's export prices to import prices. ... Index of commodity prices. RBA; Thomson Reuters. RBA Index of Commodity Prices, all items in US$, deflated by US GDP deflator.
https://www.rba.gov.au/publications/rdp/2012/2012-02/appendix-a.html

Modelling the Role of Credit Frictions in the Australian Economy

31 Dec 2012 RDP 2012-02
David Jacobs and Vanessa Rayner
the log of the RBA's Index of Commodity Prices deflated by the US GDP deflator (icp), a real foreign interest rate (r. ) ... In effect, these represent price, quantity and a measure of the tightness of supply for the business credit market.
https://www.rba.gov.au/publications/rdp/2012/2012-02/modelling-role-credit-frictions-aus-economy.html

Robustness

31 Dec 2012 RDP 2012-02
David Jacobs and Vanessa Rayner
RBA Index of Commodity Prices. Australian terms of trade. Weighted real foreign interest rate.
https://www.rba.gov.au/publications/rdp/2012/2012-02/robustness.html