Commodity prices are ripping higher at a pace we haven't seen since the 2022 energy crisis.
The Bloomberg Commodity Index is up 37% year-over-year. That's a bigger jump than we saw before the 2008 financial crisis. Let that sink in.
This isn't just oil. The index tracks 25 futures contracts across energy, metals, and agriculture. Everything is moving.
Year-to-date alone: +32%.
The broader subindex covering agriculture, livestock, energy, and copper? Up nearly 45% YoY. Biggest move since 2022.
Commodity inflation is back, and it's not subtle. This matters for everything from food prices to manufacturing costs to the Fed's next move.
If you're wondering why your grocery bill feels heavier or why industrial companies are talking about margin pressure, this is why.
The Bloomberg Commodity Index is up 37% year-over-year. That's a bigger jump than we saw before the 2008 financial crisis. Let that sink in.
This isn't just oil. The index tracks 25 futures contracts across energy, metals, and agriculture. Everything is moving.
Year-to-date alone: +32%.
The broader subindex covering agriculture, livestock, energy, and copper? Up nearly 45% YoY. Biggest move since 2022.
Commodity inflation is back, and it's not subtle. This matters for everything from food prices to manufacturing costs to the Fed's next move.
If you're wondering why your grocery bill feels heavier or why industrial companies are talking about margin pressure, this is why.
