Inflationmonthly
Global Commodity Price Index
IMF global commodity price index, leading indicator of headline inflation.
The Global Commodity Price Index is currently 218.81, last updated .
218.81
1W +18.69%1M +18.69%3M +18.69%
Updated 3h agoStatistical forecast 2026
Model-based central estimate, 68% and 95% confidence bands for Global Commodity Price Index, blended across current macro regimes.
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Inflation erodes purchasing power and forces central banks to tighten, squeezing equity multiples and increasing credit stress. Breakeven rates reveal what the bond market expects for future inflation, while CPI and PCE measure what consumers actually experience. Divergences between market expectations and realized prints create some of the highest-impact trading events of the year.
Updated 3h ago
Recent Data
Download CSV| Date | Value | Change |
|---|---|---|
| Mar 1, 2026 | 218.81 | +18.69% |
| Feb 1, 2026 | 184.35 | +2.19% |
| Jan 1, 2026 | 180.39 | +5.63% |
| Dec 1, 2025 | 170.78 | +1.26% |
| Nov 1, 2025 | 168.64 | +0.50% |
| Oct 1, 2025 | 167.81 | +0.21% |
| Sep 1, 2025 | 167.46 | +2.52% |
| Aug 1, 2025 | 163.35 | -1.42% |
| Jul 1, 2025 | 165.71 | -0.29% |
| Jun 1, 2025 | 166.19 | +3.10% |
| May 1, 2025 | 161.19 | -0.96% |
| Apr 1, 2025 | 162.75 | -2.92% |
| Mar 1, 2025 | 167.65 | -2.69% |
| Feb 1, 2025 | 172.28 | -0.35% |
| Jan 1, 2025 | 172.88 | +3.71% |
| Dec 1, 2024 | 166.7 | +0.28% |
| Nov 1, 2024 | 166.22 | -0.18% |
| Oct 1, 2024 | 166.52 | +3.24% |
| Sep 1, 2024 | 161.3 | -1.74% |
| Aug 1, 2024 | 164.15 | -1.19% |
| Jul 1, 2024 | 166.12 | -0.37% |
| Jun 1, 2024 | 166.75 | -1.14% |
| May 1, 2024 | 168.68 | -1.01% |
| Apr 1, 2024 | 170.4 | — |
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Frequently Asked Questions
▶What is Global Commodity Price Index?
IMF global commodity price index, leading indicator of headline inflation.
▶How does Global Commodity Price Index relate to inflation?
Global Commodity Price Index is part of the Inflation category. Inflation erodes purchasing power and forces central banks to tighten, squeezing equity multiples and increasing credit stress. Breakeven rates reveal what the bond market expects for future inflation, while CPI and PCE measure what consumers actually experience. Divergences between market expectations and realized prints create some of the highest-impact trading events of the year.
▶How often is Global Commodity Price Index updated?
Global Commodity Price Index is updated once per month when the releasing agency publishes new data. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source Global Commodity Price Index data?
Convex sources Global Commodity Price Index data from the Federal Reserve Economic Data (FRED) API, maintained by the Federal Reserve Bank of St. Louis. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the Global Commodity Price Index chart page?
The Global Commodity Price Index page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated monthly. This page is for informational purposes only and does not constitute financial advice.