Tuesday, October 26, 2010

Take-off in commodity prices casts doubt on deflation

Those who fear deflation may be partly to calm down, looking at the rise in commodity prices in recent months. Over half of coffee, corn and cotton grown by more than 45%, while gold and silver have added more than 20% this year. Dollar explains only a small part of this rise - in fact the dollar is almost at the same level as that at the beginning of the year, even after a sharp 13% decline since the beginning of June. Index Magazine Journal of Commerce Industrial Materials gained 15% in 2010 and doubled from the minimum reached in late 2008. At this level, it remains at 10% below the peak in mid-2008.

Translate this page

Search This Blog