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Trade & Industry•Series ID: GRCPAIAD•1982–2026

RBA Index of Commodity Prices (AUD) - Historical Data

Weighted index of prices received for Australia’s key rural, base metal, and bulk resource commodity exports (iron ore, coal, LNG, gold, wheat, beef, wool).

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Current Statistics & Historical Records

Latest Reading (Sep 2026)
106.6
Prev (Aug 2026): 105.6+1.0
Highest Recorded (Oct 2022)
137.8

Post-pandemic inflation surge & rapid RBA tightening cycle

Lowest Recorded (Jul 1982)
22.1

Early 1980s recession & drought

Long-Run Mean (1982–2026)
52.7

45 annual observations · Monthly

RBA Index of Commodity Prices (AUD) - Historical Series (1982–2026)

Index (2024/25 = 100)

Drag to pan, scroll to zoom, or toggle between full annual history (1982–2026) and recent monthly releases.

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Source: Reserve Bank of Australia (RBA) / Australian Bureau of Statistics (ABS) (GRCPAIAD) Latest: 106.6 Index (2024/25 = 100) (Sep 2026)

RBA Index of Commodity Prices (AUD) by Decade (1982–2026)

Decade averages, peaks, and troughs across Australian economic cycles

1980s1982–1989
26.6
High (1989):31.0
Low (1982):22.9
1990s1990–1999
29.3
High (1990):30.7
Low (1999):27.8
2000s2000–2009
46.6
High (2008):74.3
Low (2000):33.1
2010s2010–2019
67.1
High (2011):81.9
Low (2016):52.7
2020s2020–2026
103.8
High (2022):130.6
Low (2020):75.6

RBA Index of Commodity Prices (AUD) - Historical Table (1982–2026)

Unit: Index (2024/25 = 100) · Source: Reserve Bank of Australia (RBA) / Australian Bureau of Statistics (ABS) (GRCPAIAD)

Download full CSV (45 rows) ↓
YearCommodity Price Index (Index (2024/25 = 100))Year Range (Low – High)Historical Context / Year Snapshot
2026105.3103.3 – 106.6 The Australian Economy in 2026 →
2025100.796.1 – 105.1Disinflation & monetary policy recalibration
2024102.793.9 – 112.6 The Australian Economy in 2024 →
2023114.2105.5 – 129.0 The Australian Economy in 2023 →
2022130.6113.6 – 137.8Post-pandemic inflation surge & rapid RBA tightening cycle
202197.885.7 – 110.7 The Australian Economy in 2021 →
202075.670.7 – 82.0COVID-19 pandemic shock & 0.10% cash rate floor
201979.275.0 – 83.7 The Australian Economy in 2019 →
201870.565.6 – 76.3 The Australian Economy in 2018 →
201762.758.9 – 67.2 The Australian Economy in 2017 →
201652.747.3 – 67.1 The Australian Economy in 2016 →
201553.246.9 – 58.5 The Australian Economy in 2015 →
201462.157.4 – 72.4 The Australian Economy in 2014 →
201369.067.0 – 72.3 The Australian Economy in 2013 →
201269.863.3 – 75.4 The Australian Economy in 2012 →
201181.976.5 – 85.6China mining investment & Terms of Trade supercycle peak
201070.357.9 – 77.5 The Australian Economy in 2010 →
200963.154.0 – 82.8 The Australian Economy in 2009 →
200874.356.9 – 95.6Global Financial Crisis (GFC) & emergency rate cuts
200754.152.0 – 56.0 The Australian Economy in 2007 →
200654.450.9 – 56.2 The Australian Economy in 2006 →
200543.937.2 – 49.8 The Australian Economy in 2005 →
200435.931.5 – 38.9 The Australian Economy in 2004 →
200333.231.5 – 36.6 The Australian Economy in 2003 →
200236.534.4 – 37.5 The Australian Economy in 2002 →
200137.434.8 – 38.9 The Australian Economy in 2001 →
200033.128.6 – 36.8Introduction of the 10% Goods and Services Tax (GST)
199927.826.4 – 28.8 The Australian Economy in 1999 →
199830.128.6 – 31.1 The Australian Economy in 1998 →
199729.528.7 – 31.2 The Australian Economy in 1997 →
199628.927.9 – 30.5 The Australian Economy in 1996 →
199530.529.6 – 31.6 The Australian Economy in 1995 →
199428.928.4 – 29.6 The Australian Economy in 1994 →
199329.628.2 – 30.7RBA formalises 2–3% inflation targeting
199229.328.4 – 29.8 The Australian Economy in 1992 →
199128.027.2 – 29.3Early 1990s recession ("The recession we had to have")
199030.729.4 – 32.0Monetary tightening peak (17.5% Cash Rate)
198931.028.7 – 31.9 The Australian Economy in 1989 →
198830.328.7 – 31.4 The Australian Economy in 1988 →
198727.826.8 – 29.7October 1987 sharemarket crash
198626.425.0 – 27.7 The Australian Economy in 1986 →
198526.623.6 – 28.3 The Australian Economy in 1985 →
198423.423.0 – 23.8 The Australian Economy in 1984 →
198324.623.2 – 25.6Float of the Australian Dollar & Prices and Incomes Accord
198222.922.1 – 23.4Early 1980s recession & drought

Source Information & Methodology

Primary Institution:
Reserve Bank of Australia (RBA) / Australian Bureau of Statistics (ABS)
Dataset / Publication:
Index of Commodity Prices - All Items (A$)
Series / Table ID:
RBA Statistical Table I2 (GRCPAIAD)
Release Frequency:
Monthly

• Primary source: Reserve Bank of Australia (RBA) / Australian Bureau of Statistics (ABS) - Index of Commodity Prices - All Items (A$) (RBA Statistical Table I2).

• Observation frequency: Monthly. Annual table values represent calendar year averages.

• Series coverage spans 1982 to 2026 (45 annual observations).

APA Citation:Reserve Bank of Australia & Australian Bureau of Statistics. (2026). Index of Commodity Prices - All Items (A$) (I2: GRCPAIAD). Retrieved October 2026 from https://www.rba.gov.au/statistics/tables/

Frequently Asked Questions: RBA Index of Commodity Prices (AUD)

What is the current RBA Index of Commodity Prices (AUD)?
As of Sep 2026, the latest recorded RBA Index of Commodity Prices (AUD) is 106.6 (Index (2024/25 = 100)), compared with 105.6 in Aug 2026.
What is the highest and lowest RBA Index of Commodity Prices (AUD) ever recorded in Australia?
Across the historical series (1982–2026), the highest observation was 137.8 (Index (2024/25 = 100)) in Oct 2022, while the lowest was 22.1 (Index (2024/25 = 100)) in Jul 1982. The long-run historical average is 52.7.
Where is the official RBA Index of Commodity Prices (AUD) data sourced from?
This series is compiled from Reserve Bank of Australia (RBA) / Australian Bureau of Statistics (ABS) (Index of Commodity Prices - All Items (A$), Series ID: GRCPAIAD) and is updated on a monthly basis under CC BY 4.0 International / RBA Terms.