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

Prospects Daily: Moody's downgrades 21 European commercial banks -- heating up the financial crisis

Global Macroeconomics Team's picture

Important developments today:

1. Moody’s downgrades 12 U.K. banks and 9 Portuguese institutions

2. U.S. employment growth in September bests economists’ estimates

3. German output falls less-than-expected after July’s surge; but orders slow


World published latest commodity prices: October 2011

John Baffes's picture

In September 2011 energy prices were up marginally.  Non-energy prices fell further by 2.5%; food prices were down by 1.0%; beverages dropped by 3.0%; raw materials prices declined by 1.5%; metals dropped by 4.8%; fertilizers were up by 2.2%.  The US dollar appreciated 4.1% against the euro and 2.9% against a broad index of currencies.


Indices of Nominal US$ Prices, Percent  Changes (August to September 2011).