The World Bank warns: commodity prices could decrease by 7% by 2026, amid geopolitical tensions and uncertainties shaking the global economy.

In a report, the World Bank announced that global commodity prices will decrease by 7% in 2025 and 2026, marking the fourth consecutive year of decline. This decrease is influenced by political uncertainties and the slowdown of global economic growth. It is estimated that prices could drop even further by the end of 2026, in the event that trade tensions persist or the excess supply of oil worsens. Although the decline in prices will help reduce inflation and make food more affordable in developing countries, the average prices of goods will remain 23% and 14% higher than in 2019.

The Chief Economist of the World Bank, Indermit Gill, emphasized the importance of strengthening fiscal balances by governments during this period. The average price of food will decrease by 6.1% this year, and rice, wheat, and corn are becoming cheaper due to sufficient supply. In contrast, coffee prices will remain high due to unfavorable weather. Additionally, energy prices will decrease by 12% in 2025 and by 10% in 2026, while gold, considered a safe haven, will continue to rise, with an estimated increase of 5% in 2026.