Cpi Index 2024 Australia. The price of iron ore, australia’s largest commodity export to china, has fallen from above us$150 a tonne in early 2022 to us$135 a tonne in early 2024 to a current price of around us$107 a tonne. Last updated 31 july 2024.
Economists had anticipated the increase in headline prices so it hasn’t taken officials by surprise. The monthly cpi indicator rose 3.8% in the 12 months to june.