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Commodity prices and IMF research by Ocampo and Erten

01/19/2008

Since 1970 when adjusted for inflation, the prices of metals have remained the same, energy prices have increased 163%, and food prices are down 58%. These are the findings from IMF research by Ocampo and Erten. Energy prices have an exceptional nature because of geopolitical situations and potential disruptions. Developing new sources of supply and technologies that conserve supplies as in the case of energy have an impact on prices over time.

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