Date:
February 6, 2023
Energy prices dropped 8.9% in January, led by natural gas in Europe (-44%) and coal (-16.1%). Non-energy prices gained 1.7%.
Food prices increased 0.4%. Beverage prices changed little while raw materials gained 1%.
Fertilizer prices declined 6.2%. Metal prices gained 6.0% led by tin (16.5%), iron ore (9.3%), and copper (7.9%). Precious metals increased 4.9%.
Source: worldbank.org