The Reserve Bank of Australia's preliminary data indicated that in December 2024, the commodity price index experienced a 0.6% increase on a month-on-month basis when measured in Special Drawing Rights (SDR). This comes after a revised 1.3% rise in the index for the previous month.
$S&P/ASX 200 (.XJO.AU)$rose 0.2% to 8218.1 points. Australian stocks opened higher for a second consecutive day on Friday as stronger oil prices fuelled a rally among energy producers.
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