Prices of all product groups up in January 2025, led by minerals, ores and metals
Year-on-year change in UNCTAD Commodity Price Index by commodity group, percentage
The UNCTAD Commodity Price Index increased by 8.7% in January 2025 (year-on-year basis), with growth highest in the minerals, ores and metals commodity group (+15.6%) and led specifically by precious metals. Meanwhile the all food group increased by 7.8%, and the agricultural raw materials group only saw growth of 1.7%.
With 6.4% growth, the fuel group increased after five successive months of declining prices.