Date:
July 1, 2024
Energy prices declined 6.4% in May, led by crude oil (-7.5%). Non-energy prices changed little, as a group.
Food prices gained by 1.3%. Raw materials inched up by 0.2%, while beverages contracted 13.8%.
Fertilizer prices eased by 4.7%. Metal prices gained by 5.5%, led by zinc (+8.3%), nickel (+7.8%), and copper (+7.1%).
Precious metals went up by 1.8%.
Source: worldbank.org