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Global commodity prices set to hit six-year low in 2026
World Bank sees global commodity prices falling ~7% in 2025-26 amid weak growth and oil oversupply.
According to the latest report from the World Bank, global commodity prices are projected to fall by around 7 % each in 2025 and 2026, marking a fourth consecutive annual decline. The drop is attributed to slowing global growth, excess crude-oil supply and trade policy uncertainty. While energy and agricultural prices will weigh on inflation, precious metals may still see modest gains. The outlook signals pressure on commodity-exporting economies and relief for importers in inflation terms.