3,882
edits
Consumer Price Index: Difference between revisions
→6. Energy
| Line 294: | Line 294: | ||
*The decline in the index in March was led by drops in the cereal, vegetable oil and dairy price indices, while those of sugar and meat increased.<ref>https://www.fao.org/worldfoodsituation/foodpricesindex/en/</ref> | *The decline in the index in March was led by drops in the cereal, vegetable oil and dairy price indices, while those of sugar and meat increased.<ref>https://www.fao.org/worldfoodsituation/foodpricesindex/en/</ref> | ||
===6. Energy=== | ===6. Energy=== | ||
Past Developments: [https://www.investmentwiki.org/wiki/Energy_Industry#Price_Developments Energy Industry] | |||
*Oil prices | * Oil prices were mainly flat during march, just a small decline registered, from 77.69 at the begining of march to 75.61 at the end. The prices had a low of $66 at mid march. <ref>https://www.bloomberg.com/quote/CL1:COM</ref> | ||
* Gasoline prices went from 3.457 to 3.533. Small increase of 2%.<ref>https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epm0_pte_nus_dpg&f=w</ref> | |||
*Gasoline prices | * Natural Gas prices went from 2.81 to 2.10. A 25% decline in prices. | ||
* Despite the OPEC oil cuts, the future markets expect prices to decline to $76 at year end from current levels ($80.7).<ref>https://www.cmegroup.com/markets/energy/crude-oil/light-sweet-crude.quotes.html</ref> | |||
* | |||
[[File:FjjZBKRWIAITa5Y.png|thumb|https://twitter.com/MacroAlf/status/1601366332527693824/photo/1]] | [[File:FjjZBKRWIAITa5Y.png|thumb|https://twitter.com/MacroAlf/status/1601366332527693824/photo/1]] | ||