Latest commodity prices: March 2023

Date: 
March 16, 2023

 

Energy prices declined 7.3% in February, led by coal (-34.8%) and natural gas in the U.S. (-27.2%). Non-energy prices changed little as a group.

Food and beverage prices gained 1.0% and 5.2%, respectively, while raw materials eased 0.9%. Fertilizers fell 5.6%.

Metals and minerals dropped 1.7%, while precious metals fell 3.1%.

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Source: worldbank.org