Economy, investment and finance

The UNCTAD Commodity Price Index was roughly flat in June 2025, dropping slightly by 0.2% (year-on-year basis), with falls in fuels (9.7%) and food (0.3%) groups contrasting gains in both Minerals, ores and metals (22.3%) and agricultural raw materials groups (1.4%). The minerals, ores and metals commodity group hit a new all-time high, while the fuels group is less than half its peak of August 2022.

Commodity prices dipped slightly by 2.3% in 2024, after having dropped sharply the previous year from their 2022 peak. This drop was again dominated by fuel prices (-7.8%), while prices for minerals, ores and metals group (11.1%) and agricultural raw materials groups (5.4%) both increased.

Excluding fuels, the index saw its highest ever value in 2024.