Global Commodity Prices Level Off, Hurting Prospects for Lower Inflation This page in:English Español Français العربية Русский 中文

APRIL 25, 2024 Global Commodity Prices Level Off, Hurting Prospects for Lower Inflation WASHINGTON, April 25, 2024—Global commodity prices are leveling off after a steep descent that played a decisive role in whittling down overall inflation last year, which could make it harder for central banks to cut interest rates quickly, according to the World Bank’s latest Commodity Markets Outlook. The report also finds that a major outbreak of conflict in the Middle East could halt the inflationary decline that has occurred over the past two years. https://www.worldbank.org/en/news/press-release/2024/04/25/commodity-markets-outlook-april-2024-press-release