Author Archives: Miguel Barrientos

Are commodity prices recovering?

I just finished uploading January 2009 data to the historical commodity prices section. I noticed right away that the sharp fall of all commodity price indices that started in July 2008 seems to have stopped sometime between December of last year and January of this year. Take a look at the overall Commodity Price Index for example.

Commodity Price Index - Monthly Price - Commodity Prices

One data point does not a trend make, but January 2009 looks a lot better to commodity producers than December 2008.

One final note: February 2009 data will be available in approximately 30 days. I follow the IMF release schedule, which is not fixed.

Historical Commodity Prices

I just updated the historical commodity prices section with the latest IMF data. Historical data for 8 price indices and 49 commodities now includes June 2008 numbers. I’m including a chart showing that the aggregate commodity price index, i.e. the index that tracks energy, metals, food, and raw materials, continued its upward march in June. It increased 5.7% with respect to May 2008, 32.6% with respect to January 2008, and 62% with respect to June 2007. Inflation has clearly become a serious problem around the World.

Commodity Price Index - Monthly Price - Commodity Prices

Click on the image above to play with the data

World Oil Consumption

The energy statistics section now includes regional production and consumption charts. The regions available are:

Production and consumption numbers are available for coal, crude oil, dry natural gas, hydroelectric power, natural gas plant liquids, nuclear power, and alternative fuels. Leave me a comment if you find the new charts useful.

Commodity Price Data in Excel Format

Today I released two improvements to the commodity prices section. First, all price tables can be exported to Excel by clicking on a link located directly below the last row of each table (Example: Commodity Price Index from 1993 to 2008)

Second, the entry page now contains a graph showing the main commodity price indices.

I hope you find these two new features helpful. Your comments and feedback are welcome.