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WebPrices and affordability. The economic recovery in 2024 has tightened commodity markets and put upward pressure on prices across the board. Crude oil prices whipsawed from USD 20/barrel in the immediate aftermath of the pandemic in mid-2024 to around USD 70/barrel in mid-2024. Spot natural gas prices have been on a relentless upward march ... WebJul 10, 2024 · A state\u002Dbacked rally in Chinese equity markets has also played a big role in the commodity\u0027s rebound. Back to video Meantime, signs that China, the world’s biggest producer of steel, is mounting a solid recovery have propelled iron ore prices, which rose above US$112 a tonne on Wednesday, according to S&P Global … WebJun 5, 2024 · This article provides a general overview of the (industrial) producer price index (PPI), sometimes also called output price index, as it is calculated and used at the level of the European Union (EU) and its Member States. Please also see the monthly Eurostat News Release 18/2024 from 3 February 2024. Please note that the news release … im sippin on red im a leaner