Global Economic Prospects 2014

Five years after the financial crisis, the world economy is showing signs of bouncing back. 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


World Bank published latest commodity prices: April 2014

John Baffes's picture
In March of 2014, energy prices dropped by 2.1% and the prices of non-energy commodities also decreased by 0.8%. Food prices were down by 1.4%. Beverages jumped by 9.1%. Raw materials were up by 1.4% while fertilizers were off by 3.2%. Metals eased by 3.7%, while precious metals increased by 2.2%.
To access recent and long-term historical prices and other commodity-related information, please click here.

Prospects Daily: Turkish lira surges to near three-month high against U.S. dollar, Eurozone annual inflation slows to a 52-month low, Turkey’s annual GDP growth in 2013Q4 beats expectations

Global Macroeconomics Team's picture

Financial Markets…Developing-country stocks advanced on Monday, heading for the longest streak of gains since July, as Russia and the U.S. sought a diplomatic solution to reduce tensions over Russia’s annexation of Ukraine’s Crimea region over the weekend. The benchmark MSCI Emerging Market Index gained 0.5%, trimming its quarterly loss to 1.3% in the first quarter of this year. Russia’s Micex stock index rose for a second day, but the gauge is still down 10% this year, heading for its steepest quarterly drop since 2011.

Prospects Daily: Indian rupee at a seven-month high, U.K. inflation at a four-year low, China’s leading economic index rises in February

Global Macroeconomics Team's picture

Financial Markets…India’s rupee climbed to a seven-month high against the dollar as foreign investors stepped up purchases of the nation’s stocks and bonds by $3.5 billion this month amid election optimism. Investors have speculated the election of a new government will accelerate the country’s economic recovery. The currency gained 0.5% to 60.478 per dollar after appreciating to 60.475, the strongest level since August 12.

Prospects Daily: Developing-country shares turn weaker, U.K. raises growth forecasts, South Africa’s inflation rises for third consecutive month

Global Macroeconomics Team's picture

Financial Markets…Developing-country stocks fell for the first time this week on China concern. The benchmark MSCI Emerging Market Index fell 0.3%, snapping a two-day gain, as China’s broader stock index dropped 0.8% and the country’s currency weakened to near an 11-month low against the dollar. The collapse of property stocks and an increase in money-market rate spurred a slide in Chinese stocks. Russian stocks posted sharp declines as well amid lingering tensions over Ukraine.