Energy prices declined 8.2% in November, led by coal (-12.9%) and oil (-8.7%), the World Bank’s Pink Sheet reported. Non-energy prices were up by 1.7%.
Agricultural prices gained 1.6% in November. Food prices inched up 0.9%, as an increase in oils and meals (+5.4%) was partly offset by declines in grains (-4.4%). Beverages gained 7% while raw materials changed little. Fertilizers declined 2.9%.
Metal prices rose 2.7% in November, led by iron ore (+10.4%) and zinc (+3.9%); nickel prices dropped 6.9%. Precious metals rose 3.7%, led by gold (+3.5%) and silver (+5%).
The Pink Sheet is a monthly report that monitors commodity price movements.
Source : World bank
Chinese goods exports have expanded sharply since 2020, with Chinese firms increasingly competing in advanced…
Remote work has become a permanent feature of labour markets. But the question remains how…
China’s green industrial strategy has outpaced demand, leaving renewables firms under strain and grid expansion…
Labor economists have the Society of Labor Economists. Health economists have the International Health Economics…
As generative artificial intelligence (AI) rapidly enters classrooms across the Balkans and Türkiye, the policy…
Society tells us that our potential for greatness is measured by how hard we work.…