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Global Commodities Indicator

May 2024, Business inventories witnessed some level of rise compared to sales. Agriculture sentiment along with production witnessed further improvement despite El Nino conditions at their peak. Energy products sales also picked up despite production being lower than the previous month. The prices have been rising and might influence CPI and PPI in the coming months if not trend does not reverse.

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Target Investing

The Commodities indicator includes elements such as World agriculture production, inventories and others belonging to countries like USA , India and few more large economies.

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