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BETWEEN 2000 and 2011 broad indices of commodity prices tripled, easily outpacing global growth.
Between 2000 and 2011 broad indices of commodity prices tripled, easily outpacing global growth and stoking Malthusian hysteria.
Broad indices of commodity prices used by investors, which unlike The Economist's index (see article) include prices for energy and precious metals, reached record levels in the autumn.To some extent, the rise in commodity prices during the past three years can be attributed to the raging appetite of the Chinese economy.
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This week the RBA also released its latest index of commodity prices.
The Reuters-Jefferies CRB index of commodity prices has risen by 20 percent since the end of August.
Indexes of commodity producers slumped at least 5 percent during that period.
Indeed, an index of commodity prices, less food and energy, shows no change from last year, the Bureau of Labor Statistics reported.
The Economist's all-items index of commodity prices reached a record high early in 2011, 120% above its low in 2008.
Scrap metal, like the bed frame taken by Mr. Bosque, can be sold for up to $250 a ton, five times the price of a decade ago, according to a widely recognized index of commodity prices published by Waste News, a trade publication.
The Baltic Dry index of commodity shipping rates fell 6.1% in London overnight.
(Cavalcanti et al. 2015) examined the relationship between economic growth and an index of commodity terms of trade for 118 countries.
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