Surging fuel prices lift Commodity Price Index further
UN Trade and Development, UNCTADstat.
The index has been modified in September 2025 to now only take data from automated sources, leading to (in general) small changes. Please read the methodology note for more information. The tables of individual prices have been discontinued.
In October 2026, year-on-year growth in the UNCTAD Commodity Price Index accelerated further – to 42.4% from 38.9% in September.
This acceleration was primarily driven by a continued surge of fuel prices, with the growth rate increasing from 57.4% to 76.5%. Growth in agricultural raw material prices also accelerated, albeit at a slower pace (September: +17.1%, October: +20.1%), while growth in minerals, ores and metals slowed markedly.