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Commodity Markets Outlook, April 2023: Lower Prices, Little Relief

Global commodity prices fell 14 percent in the first quarter of 2023, and by the end of March, they were roughly 30 percent below their June 2022 peak. The unwinding of prices reflects a combination of slowing economic activity, favorable winter weather, and a global reallocation of commodity trade...

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Bibliographic Details
Main Author: World Bank Group
Format: Online
Published: World Bank, Washington, DC 2023
Subjects:
Online Access:https://openknowledge.worldbank.org/handle/10986/39633
https://doi.org/10.1596/39633