The latest commodity price statistics from the World Bank, released on March 2, 2022, show that both energy and non-energy commodities rose 7.7% and 4.2 percent in February, respectively. They increased by 7.9% and 4.6 percent in January, respectively.
According to the World Bank’s The Pink Sheet, energy commodities have increased by 63.4 percent in the past twelve months, while non-energy commodities have increased by 22.7 percent.
Further, indicates that only fertilizer prices declined (-1.9 percent) among significant subcategories in February 2022. Commodities in agriculture increased by 4.5 percent, metals and minerals by 4.7 percent, and precious metals by 2.2 percent.
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