Clothes, gas, food, and metals are getting more expensive. This may not be the end.

The World Bank reports significant increases in commodity prices due to global shocks, with potential further escalation from Middle Eastern conflicts. A forecast predicts a 7% drop in prices next year, but risks remain high due to El Niño and supply disruptions. The report highlights a 32% rise in global energy prices in 2026, with Brent crude expected to average $92 per barrel. Food prices may rise over 10% due to supply chain issues, while metal prices could increase by 25%. The Bank has provided $8.7 billion in support to 25 countries affected by the war in the Middle East.