Original version

BBC World Service South Asia

Business Matters

Discussion & Talk

Factual: Money

Global business and finance news and discussion from the BBC

Global business and finance news and discussion from the BBC.

BBC World Service Australasia

BBC World Service East and Southern Africa Schedule

BBC World Service East and Southern Africa

BBC World Service Online

BBC World Service schedule for American satellite radio and the Caribbean

BBC World Service Americas and the Caribbean

BBC World Service

BBC World Service News Internet

BBC World Service Europe and the Middle East

BBC World Service West and Central Africa Schedule

BBC World Service West and Central Africa

BBC World Service East Asia

Business Matters: How is the surging price of commodities affecting the global economy?

How is the surging price of commodities affecting the global economy?

10/04/2024 GMT

BBC World Service - Business Matters, How is the surging price of commodities affecting the global economy?

The S&P GSCI, which tracks commodity prices has advanced 12% this year

The S&P GSCI, which tracks commodity prices has advanced 12% this year. Copper and oil have gained more than 10% and 17%, respectively.

Commodities - the raw materials that power business around the globe - are surging in price. And that suggests investors betting on a prolonged expansion—and a potential rebound in inflation. The S&P GSCI, which tracks commodity prices has advanced 12% this year. Copper and oil have gained more than 10% and 17%, respectively. Gold is also posting fresh records, rising 13% to $2,332 a troy ounce. So what's going on?

Also, in the programme, the presenter Roger Hearing finds out why some politicians have pushed back against New York City’s congestion charging plan.

(Picture: Businessman using a mobile phone to check stock market data - stock photo. Picture credit: Getty Images)

Accessibility links

Programme Index

Business Matters

How is the surging price of commodities affecting the global economy?

Genres

Formats

Brand

BBC World Service South Asia

About BBC World Service