Date:
January 9, 2023
Energy prices dropped 6.2% in December, led by crude oil (-10.7%). Non-energy prices gained 1.0%.
Food prices dropped 1.5%, led by grains (-4.3%). Beverage prices eased 0.2% while raw materials gained 2.9%. Fertilizer prices declined 6.1%. Metal prices gained 6.6% led by iron ore (19.8%), tin (13.8%) and nickel (13.2%). Precious metals increased 5.2%.
Source: worldbank.org