Energy Prices Up 16.1%, Doubling in Last One Year
World
Bank Commodity Rates –Pink Sheet Nov. 2021
Energy prices continued to soar in October, jumping
16.1%. Prices stand 105.6% higher than one year earlier and
have risen in 10 of the last 12 months. Non-energy prices increased
3.4%. Prices rose for all key subgroups: agriculture commodities up 1.8%,
fertilizers up 23.4%, metals and minerals up 3.9%, and precious metals up 0.3%.