Mumbai, Feb. 3 -- The Reserve Bank of Australia's Commodity Price Index fell 11.9% year-on-year in January 2025, marking the sharpest drop since April and the 23rd consecutive month of decline. Lower iron ore and coking coal prices drove the slump. In Australian dollar terms, the index dropped 8.2%. On a monthly basis, prices edged up 0.1%, slowing from December's 0.5% rise, as gains in base metals were offset by rural declines.
Published by HT Digital Content Services with permission from Capital Market....