Date:
February 2, 2024
Energy prices increased 1.6% in January, led by natural gas U.S. (+25.9%) and oil (+2.6%). Non-energy prices eased by 0.7%.
Food prices decreased by 1.6%. Beverages and raw materials gained 1.7% and 0.9%, respectively. Fertilizer prices fell by 2.9%.
Metal prices inched down 0.3%, led by nickel (-2.2%) and iron ore (-0.9%). Precious metals eased by 0.3%.
Source: worldbank.org