FX.co ★ Australia’s Commodity Price Growth Inches Up to 2.7% in February YoY

Australia’s commodity prices recorded a modest acceleration in February, with year-over-year growth ticking up to 2.7%, according to data updated on 2 March 2026. This compares with a 2.6% year-over-year increase in January 2026, signaling a slight strengthening in price momentum across the country’s key export commodities.

The figures are based on a year-over-year comparison, meaning February’s reading reflects how prices have changed relative to February a year earlier, while January’s figure was measured against January a year earlier. Although the move from 2.6% to 2.7% is incremental, it suggests that commodity price growth remains on a gently upward trajectory, an important factor for Australia’s resource-driven economy and related fiscal revenues.