Date:
November 18, 2022
Energy prices fell 7.5% in October, led by natural gas in Europe (-34%) and the U.S. (-27.6%). Non-energy prices fell 1.2%. Agricultural prices eased 0.7%. Food prices increased 0.8%, led by grains (+5.7%). Beverages and raw materials declined 6.4% and 3.2%, respectively. Fertilizer prices declined 3.7%. Metal prices dropped 1.7%, led by tin (-8.2%), iron ore (-7.3%), and zinc (-5%). Precious metals eased 0.4%.
Source: worldbank.org