World Bank Predicts Commodity Prices to Revert to Pre-Pandemic Levels
The World Bank projects a 12% decline in global commodity prices by 2025, with a further 5% drop anticipated in 2026. This retreat mirrors 2015-2019 averages, signaling the end of a post-COVID price surge. Energy markets face particular pressure—Brent crude is forecast to average $64 per barrel next year.
While softening prices may ease inflationary pressures, commodity-dependent emerging economies like Argentina remain vulnerable. Agricultural and energy commodities are expected to lead the downturn as global growth weakens.