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
Direct evidence on the effects of financial sanctions remains limited. This column uses correspondent banking…
When could market stress justify European Central Bank intervention over French debt and what must…
The 2025-26 US tariffs have renewed the question of how much of a tariff reaches…
What matters more for sovereign credit ratings – today’s debt or tomorrow’s deficits? This column…
Innovation has increasingly become a team activity, while inventors have become more concentrated in large…
Populism may not only have contemporary but also long-term effects on the macroeconomy. Using data…