World Bank forecasts 23% rise in commodity prices in 2026

FinanceInternationalPrensa LatinaOct 28, 2026, 5:16 PM40 s readAI summary

The World Bank Group's Commodity Markets Outlook report projects commodity prices will rise 23% in 2026 and fall 7% in 2027. Energy would lead the increase at 32%, driven by the conflict in the Middle East, and Brent would average 91 dollars per barrel in 2026 versus 69 in 2025. Staple food prices would rise about 10% in 2026 and metals would reach a new high, with a 25% increase.

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The World Bank projects a 23% rise in commodity prices in 2026 and a 7% decline in 2027.
Energy would rise 32% in 2026 and Brent would average 91 dollars per barrel, versus 69 in 2025.
Staple food prices would increase about 10% in 2026 and a further 7% in 2027, for an 18% cumulative rise.

Read the full story at Prensa Latina

IASummary generated by artificial intelligence from a story by Prensa Latina. It may contain errors: the original source prevails.

materias primas
Banco Mundial
petróleo
alimentos
metales

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World Bank forecasts 23% rise in commodity prices in 2026

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Keep reading

Bogotá Ciudad Aeropuerto seeks to link El Dorado with the Metro and Regiotram

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill