01.09.202606:30:00UTC+00Australia’s Yearly Commodity Price Growth Edges Up to 15.5% in August

Australia’s commodity prices continued to rise at a robust pace in August 2026, with the year-over-year indicator ticking up to 15.5%, slightly above July’s 15.4%. The data, updated on 1 September 2026, show a marginal acceleration in annual price growth for the second consecutive month.

Measured on a year-over-year basis, the August figure compares the change in commodity prices to August a year earlier, while the July reading reflected the change versus July of the prior year. The modest increase suggests that, although the pace of commodity price inflation remains elevated, it has so far only inched higher rather than accelerating sharply.

For markets and policymakers, the sustained double-digit annual growth underscores ongoing cost pressures linked to Australia’s key export commodities. The latest reading will likely be watched closely for signs of whether price gains begin to cool or build further in the coming months.