Energy prices contracted 3.2% in August, with crude oil leading the decrease (-6.2%), the World Bank's Pink Sheet reported. Non-energy prices eased by 1.9%.
Agricultural prices declined by 1.4% in August. Food prices fell by 2.3%, driven by oils and meals (-5.1%). Raw materials gained by 1.8%, while beverages dipped by 1.2%. Fertilizer prices remained relatively stable.
Metal prices dropped by 3.1%, led by iron ore (-6.5%), lead (-5.3%), and copper (-4.4%). Precious metals rose by 1.8%, with gold (+3%) leading the increase.
The Pink Sheet is a monthly report that monitors commodity price movements.
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