Food and energy prices

Volatile commodity prices reduce growth and amplify swings in inflation

Food and energy prices surged to near historic highs in recent years amid the pandemic and the war in Ukraine, which prompted major supply disruptions. This was accompanied by a sharp rise in the volatility of commodity prices as well.

March 30, 2023
March 30, 2023

Volatile commodity prices reduce growth and amplify swings in inflation

Food and energy prices surged to near historic highs in recent years amid the pandemic and the war in Ukraine, which prompted major supply disruptions. This was accompanied by a sharp rise in the volatility of commodity prices as well.