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Commodity prices set to decline sharply: World Bank
short by / on Friday, 2 May, 2025
Global commodity prices are forecasted to drop significantly in the coming years, with a 12% fall anticipated in 2025 and a further 5% decline in 2026, according to the World Bank's latest Commodity Markets Outlook. If realised, prices would hit their lowest levels of the decade, driven by weakening economic growth and a surplus in oil supply.
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