Date:
September 5, 2024
Energy prices contracted 3.2% in August, led by crude oil (-6.2%) and natural gas U.S. (-4.1%). Non-energy prices eased by 1.9%.
Food prices fell by 2.3%. Raw materials gained by 1.8%, while beverages dipped by 1.2%. Fertilizer prices changed little.
Metal prices dropped by 3.1%, led by iron ore (-6.5%), lead (-5.3%), and copper (-4.4%). Precious metals rose by 1.8%.
Source: worldbank.org