Global commodity markets may be entering a cooling phase, according to a new forecast from the World Bank. The development lender projects that real prices for key raw materials will drop 12% in 2025 and a further 5% in 2026, reaching their lowest levels in inflation-adjusted terms since the early 2020s. This outlook reflects growing signs of a broader economic slowdown and the fading impact of the post-pandemic recovery and geopolitical shocks.
The World Bank has issued a sobering forecast for global commodity markets, projecting a significant decline in real prices over the next two years. According to its latest Commodity Markets Outlook, prices for raw materials are expected to fall by 12% in 2025 and a further 5% in 2026—reaching their lowest inflation-adjusted levels since the early 2020s. This shift comes amid a broader economic deceleration, in part triggered by protracted trade tensions and geopolitical uncertainty.
The World Bank recently announced a significant support package for Argentina, amounting to $12 billion. This financial injection is aimed at fostering economic reforms designed to stabilize and modernize the country's economy while bolstering government efforts to create jobs. This decisive step, intended to reshape Argentina's economic landscape, has been met with approval from both local and international experts.