Global Economic Prospects 2015

The global economy is still struggling to gain momentum. Read more ...

Development Prospects

Providing information, analysis, and advice on global trends in the world economy.  Find out more ...

Global Economic Monitor

Now free. Daily and monthly updates on global economic developments and relevant topical issues. Find out more ...

Syndicate content

November 2015

Global Weekly: Recent Developments and Outlook for Low-Income Countries

Global Macroeconomics Team's picture

Rising farm output, remittances, and public investment have supported robust aggregate growth in low-income countries (LICs), with a moderate deceleration expected in 2015. However, fiscal and current account pressures are visible in commodity exporting LICs, many of which have insufficient buffers to absorb the decline in commodity prices. Domestic political tensions or security issues are also weighing on growth in some of these countries.

World Bank published latest commodity prices: November 2015

John Baffes's picture
In October 2015, energy prices remained steady, and the prices of non-energy commodities increased by 0.3%. Food prices picked up by 1.7%. Beverages rose by 1.2%. Raw materials dropped slightly by 0.1%, and fertilizers went down by 0.3%. Metals and minerals decreased by 1.9%, and precious metals went up by 3.7%.
To access recent and long-term historical prices and other commodity-related information, please click here.