News Digest: Commodities register fastest annual price increase in 27 years

February 18, 2022

News Digest:

The Refinitiv CoreCommodity CRB Index, a composite gauge of prices for 22 major commodities including crude oil, metals and grains, surged 46% in 2021, marking its highest annual jump since 1995.



With demand rebounding strongly amid an economic recovery, and supply getting hit by geopolitical events, labor shortages, etc., prices of nine leading commodities rose by over 50% last year.



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