Energy prices increased 1.6% in January, led by natural gas U.S. (+25.9%) and oil (+2.6%), the World Bank's Pink Sheet reported. Non-energy prices eased by 0.7%.

John Baffes, Maria Hazel Macadangdang |

To aid in tracking progress towards SDG 2, the World Bank has introduced the World Food Security Outlook (WFSO) database, an innovative a machine learning model-based data series. This database is…

Bo Pieter Johannes Andree, Kamwoo Lee, Hanane Ahmed, John Dearborn |

The World Bank’s food price index weakened throughout 2023, averaging for the year as a whole 9 percent lower than 2022. Global food prices are expected to ease further in 2024 and 2025 (2 and 3…

John Baffes, Dawit Mekonnen, Kaltrina Temaj |

The World Food Security Outlook is an innovative model-based data series designed to monitor and analyze global food security, providing essential information to complement official statistics and…

Bo Pieter Johannes Andree, Kamwoo Lee, Hanane Ahmed, John Dearborn |

Solar-powered groundwater irrigation is growing quickly in low- and middle-income countries. The swift adoption of solar pumps brings risks that require careful monitoring to guide policies and…

Soumya Balasubramanya |

Rewiring the global agrifood system to design circular models offers a critical pathway towards building profitable, sustainable and low-emission food systems.

Martien van Nieuwkoop, Parmesh Shah, Ashesh Prasann, Alwin Hopf |

Ethiopia’s livestock and fisheries sector holds immense potential for economic growth and development. With the largest livestock population in Africa and ranking fifth in the world, the sector…

Girma Amente, Ousmane Dione |

The European Union has introduced a new legislation to prevent imports of commodities contributing to deforestation. One of the commodities affected is coffee, a key export of Central American…

Hira Channa, Viviana Perego, Ekaterina Krivonos, Tom Chalmers |

Energy prices dropped 6.3% in December, led by European natural gas (-20.6%) and oil (-6.9%), the World Bank's Pink Sheet reported. Non-energy prices eased by 1.6%.

John Baffes, Maria Hazel Macadangdang |

This blog post is part of a special series based on the October 2023 Commodity Markets Outlook, a flagship report published by the World Bank. It features concise summaries of commodity-specific…

John Baffes, Dawit Mekonnen |