Mumbai, March 3 -- Australia's commodity prices declined 8.2% year-on-year in February 2025, easing from a 10.7% fall in January and marking the 24th straight month of losses. However, this was the slowest pace of decline since August, mainly due to weaker iron ore and coking coal prices. On a monthly basis, prices edged up 0.6%, helped by gains in non-rural, rural, and base metal sectors. In Australian dollar terms, the annual drop held steady at 8.2%, while the monthly figure showed no change.
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