Australia’s Commodity Price Growth Accelerates to 15.7% in April

Australia’s commodity prices posted a sharper year-over-year increase in April 2026, with the index rising 15.7% compared with the same month a year earlier. This marks an acceleration from March, when prices were up 12.7% on a year-over-year basis.

The data, updated on 1 May 2026, indicate that the annual pace of commodity price growth has strengthened, as the “actual” figure for April compares the latest month to April of the previous year, while the “previous” figure reflects March’s change against March a year earlier. The pickup in annual growth suggests a firmer price environment for Australia’s key export commodities heading into the second quarter.