The energy price index fell 4.2% in February, driven by declines in coal (-9.8%) and crude oil (-5.6%). The World Bank's Pink Sheet reported. Non-energy prices rose 1.4%.
The agricultural price index was little changed in February. Food prices edged down 0.5%, while raw materials increased 1.6%. Beverages inched up 0.6%. Fertilizer prices surged by 7.4%.
Metal prices rose 3.5% in February, led by tin (+7.5%), iron ore (+5.5%), and aluminum and copper (about 3.5% each). Precious metals climbed 6.6%, driven by gold (+6.8%) and silver (+5.7%).
The Pink Sheet is a monthly report that monitors commodity price movements.
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