Latest commodity prices: August 2023

Date: 
August 3, 2023

 

Energy prices jumped nearly 6% in July, led by natural gas U.S. (17%) and oil (7.8%). Non-energy prices rose by 0.7%.

Food prices gained 0.9%. Beverage eased by 1.8% while raw materials changed little.

Fertilizer prices increased by 5.3%.

Metal prices gained 0.4%, led by tin (5.6%). Precious metals increased 0.9%.

 

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Source: worldbank.org