World Bank forecasts commodity prices to fall to pre-covid levels by 2026

Q: How long will it take to read this news story?

The story "World Bank forecasts commodity prices to fall to pre-covid levels by 2026" has 485 words across 15 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "World Bank forecasts commodity prices to fall to pre-covid levels by 2026" was covered 12 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 288 news stories per day. It's most recent story was published 8 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #28287239</li><li>URL: https://chronographically.beamstart.com/news/world-bank-forecasts-commodity-prices-174593785059</li></ul>

Business Standard Logo Business Standard 12h ago

World Bank forecasts commodity prices to fall to pre-covid levels by 2026 - Business Standard

Quick Summary:

The combination of high price volatility and low prices spells trouble.

Surging energy prices added more than two percentage points to global inflation in 2022, but falling prices in 2023 and 2024 have helped moderate inflation, the World Bank report said.

The development lender's latest Commodity Markets Outlook report shows that inflation-adjusted, commodity prices would tumble to their 2015-2019 average in the next two years, marking an end to a price boom fueled by the COVID-19 economic recovery and Russia's 2022 invasion of Ukraine.