Mint Quick Edit | Commodity price pressures threaten threaten to make India’s inflation fight harder
Global commodity prices are set to rise 23% in 2026, the World Bank said in its latest commodity forecasts on Wednesday. Disruptions in Black Sea grain shipments, the conflict in West Asia, and the El NiƱo effect have all contributed to the spike. Meanwhile, the growing demand for data centres and electric vehicles has pushed up prices of metals such as aluminium, copper and tin to record levels.