Commodity Index
199.5
▲ +2.6%MoM▲ +24.2%YoY
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Global Inflation Signals
Track how commodity prices and food prices move and what that means for countries around the world.
Commodity vs Food · latest observations
Global Commodity IndexGlobal Food Price Index
Food Price Index
162.6
▲ +15.5%MoM▲ +30.2%YoY
Reading the global signals
The two gauges here track cost pressure early — before it reaches shop shelves or headline inflation. One follows raw-material and energy costs near the start of the supply chain; the other tracks what the world pays for food. Both sit above their early readings and have risen over the past year, so households usually feel it gradually — in energy, groceries, and everyday goods.
Commodities
Trending upRaw-material and energy costs have firmed over the past year and remain well above where this series began.
Food Prices
Trending upFood costs stay elevated and have kept climbing through the latest readings, keeping pressure on household grocery budgets.
Global Outlook
MixedThe picture varies by region: some economies still run firm inflation while others sit close to flat, so the global read is mixed rather than uniform.
Global Indicators
View all economics →Global Commodity Index
199.5
▲ +2.6%vs prev.▲ +24.2%YoY
The commodity index reads 199.5 as of 2026 Q2, well above its early-history level and higher again over the past year. Because it captures costs near the start of the supply chain, a move here often reaches consumer prices only months later.
Global Food Price Index
162.6
▲ +15.5%vs prev.▲ +30.2%YoY
The food-price index stands at 162.6 as of 2026-06, above its earlier levels and still climbing in recent months. Food is one of the most visible household costs, so shifts here tend to show up quickly in grocery bills — especially where food takes a large share of spending.
How Countries Compare
View full comparison →Latest available data - CPI (YoY) and GDP Growth (YoY)
United StatesCPI (YoY)4.3%GDP6.1%
Moderate inflation
GermanyCPI (YoY)2.2%GDP3.1%
Low inflation
United KingdomCPI (YoY)3.4%GDP0.3%
Moderate inflation
JapanCPI (YoY)-0.4%GDP-0.7%
Low inflation
FranceCPI (YoY)0.8%GDP5.8%
Low inflation
ChinaCPI (YoY)-0.1%GDP2.1%
Low inflation
IndiaCPI (YoY)3.0%GDP7.0%
Moderate inflation
Euro AreaCPI (YoY)3.2%GDP7.2%
Moderate inflationExplore Each Economy in Detail
Dive deeper into how commodity prices, food prices, inflation, and economic growth are moving in each country.
United States
A large, services-led economy where housing, wages, energy, and Fed policy set the inflation tone.
Germany
An export-heavy economy where imported energy and shared euro-area policy feed into consumer prices.
United Kingdom
A services economy where food, housing, wages, and a sterling-linked import bill drive inflation.
Japan
A mature economy long marked by very low inflation, sensitive to imported energy and the yen.
France
A diversified euro-area economy where regulated prices, food, and transport shape household costs.
China
A manufacturing and consumption economy where food cycles and property demand steer prices.
India
A fast-growing economy where food, fuel, and rural demand carry heavy weight in the price story.
Euro Area
A shared-currency bloc where one central-bank policy meets very different national price stories.
Understanding Global Signals
Global inflation is rarely driven by a single number. Commodity and food prices often move before changes appear in consumer inflation or economic growth. Rather than focusing on one indicator in isolation, this page brings together global market signals and national economic data to help readers understand how broader price trends can influence different economies over time.
The charts above summarize publicly available economic datasets and are intended to provide an accessible overview rather than investment advice. Country profiles expand on these signals with additional context, helping readers compare how similar global trends may lead to different inflation outcomes across major economies.