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Global Commodity Prices Remain Elevated – IMF

The International Monetary Fund has stated that global commodity prices remain elevated despite signs of easing inflation in some parts of the world, warning that continued price pressures could weigh on economic growth and inflation.

According to the IMF, the sustained high prices of key commodities—including energy, food, and industrial raw materials—continue to pose challenges for both advanced and developing economies, particularly those heavily reliant on imports.

The Fund noted that geopolitical tensions, supply chain disruptions, and climate-related factors have contributed to keeping commodity prices above historical averages, increasing production costs and the cost of living in many countries.

The IMF further indicated that elevated commodity prices could continue to influence inflation trends, fiscal balances, and external accounts, especially in low- and middle-income countries.

It urged policymakers to remain vigilant by implementing sound macroeconomic policies, strengthening economic resilience, and supporting vulnerable households affected by rising prices.

The IMF also emphasised the need for continued international cooperation to address global economic risks and promote sustainable growth amid ongoing uncertainty in commodity markets.

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