Date:
August 5, 2024
Energy prices gained 2.1% in July, led by crude oil (+2.5%). Non-energy prices decreased by 2.3%.
Food prices eased by 1.1%. Raw materials dipped by 0.6%, while beverages declined by 5.6%.
Fertilizer prices increased by 1.8%.
Metal prices dropped by 3.4%, led by nickel (-6.6%), aluminum (-5.9%), and copper (-2.7%). Precious metals went up by 2.7%.
Source: worldbank.org