Date:
June 13, 2023
Energy prices fell 11.3% in May, led by natural gas in Europe (-25.2%) and coal (-17.4%).
Non-energy prices were down by 3.6%. Food prices declined by 3.1%. Beverage and raw materials inched down 1.4% and 0.5%, respectively.
Fertilizer prices fell 2.2%. Metal prices dropped 6.4%, led by zinc (-10.5%) and iron ore (-10.4%). Precious metals eased 0.5%.
Source: worldbank.org