Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

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Thursday 1 December 2022

Commodities begin to unwind

Commodity crash begins

Commodities are beginning their great unwind, declining another -5 per cent, after a revised drop of -6.8 per cent in November. 


In Aussie dollar terms the monthly drop was -6.8 per cent.

Big headwinds for growth next year, pulling down national income and nominal GDP.