Latest reading now out

  • prev revised down from -19.8%
  • AUD index 75.6 vs 78.7 prev revised down from 79.1

Not a surprising reading given softer commodity prices

Commodity Prices measures the change in the selling price of exported commodities. The commodity sector accounts for over half of Australia's export income.

AUDUSD 0.7262 crawling around in a tight band currently after bouncing from 0.7225