World Bank: Weak economy to pull down energy, farm prices
Story Date: 10/31/2019

 

Source: WRAL, 10/30/19

 
A weakening global economy is pulling down the prices of energy and farm commodities. The World Bank says that energy prices will drop 14.6% this year and 3.1% in 2020 and that farm prices will fall 4.7% this year and eke out 0.6% growth next year. The forecasts are sharply lower than what the anti-poverty agency was predicting in April.

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