Commodity prices are skyrocketing.
The Bloomberg Commodity Index is up +37.3% YoY, near its largest 12-month increase since the 2022 energy crisis. It tracks 25 exchange-traded futures contracts across energy, metals, and agriculture.
The index is up +32% year-to-date, exceeding its increase before the 2008 Financial Crisis.
The Bloomberg Commodity Subindex jumped +44.9% YoY, its largest 12-month increase since 2022. Commodity inflation is making a powerful comeback.
✅@futures
Commodity prices are skyrocketing.
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