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World Bank publishes latest commodity prices: December 2010

John Baffes's picture

Commodity prices (measured in U.S. dollar) surged across the board in December 2010. Energy prices jumped by 6.5%; non-energy prices rallied 4.8%.  Food prices rose by 5.3%; beverages climbed by 4.8%; raw materials prices went up by 5.9%; metals firmed by 6.0%. The US dollar appreciated 3.2% against the euro and appreciated 0.7% against a broad index of currencies.

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