HIDA Commodities Quarterly Update

January 2023

Gas Prices Projected To Fall In 2023

The prices of many commodities fell month-to month, including aluminum (-11%), copper (-12%), rubber (-20%), cotton (-16%) and lead (-4%), while crude oil petroleum (+7%) increased. The Bureau of Labor Statistics Producer Price index (PPI) showed month-to-month price decreases in both goods and services.

View the updated HIDA Commodities Dashboard here:

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Commodities Update Dashboard | Click to download PDF