{"publisher":{"name":"MediaBias News","url":"https://mediabias.news","methodology":"https://mediabias.news/methodology","editorialPrinciples":"https://mediabias.news/editorial-principles","corrections":"https://mediabias.news/corrections"},"scoreGuide":{"trust":"How well corroborated and evidenced the source reporting is. 0-100, higher is better.","critic":"Craft quality of the source journalism: context, balance, fact vs comment. 0-100, higher is better.","hype":"How far the source presentation runs ahead of substance. 0-100, LOWER IS BETTER.","scope":"Scores assess the original reporting this article was written from, not the truth of the underlying event and not the quality of this write-up."},"assessmentGuide":{"type":"coverage-and-source-reporting-analysis","factCheck":{"status":"not-performed","note":"Media Bias News compares coverage and scores the source reporting. It does not currently publish a ClaimReview verdict on whether the underlying event or claim is true."},"sourceFactuality":{"note":"Factuality values describe published ratings of the outlets that covered the story. They are not a factuality verdict on this story or its claims."}},"story":{"id":"https://mediabias.news/business/world-bank-predicts-23-commodity-price-rise-by-2026","slug":"world-bank-predicts-23-commodity-price-rise-by-2026","url":"https://mediabias.news/business/world-bank-predicts-23-commodity-price-rise-by-2026","title":"World Bank Predicts 23% Commodity Price Rise by 2026","subtitle":"Conflict and climate factors cited for expected increases in energy and food costs.","excerpt":"The World Bank forecasts a 23% increase in global commodity prices by the end of 2026, driven by the Middle East conflict and El Nino. Energy prices are noted to be at a four-year high.","category":"Business & Economy","area":"Middle East","publishedAt":"2026-10-29T05:46:22.546Z","sourceReportedAt":"2026-10-29T05:05:33.000Z","updatedAt":"2026-10-29T06:15:14.128Z","readTime":"2 min read","scores":{"trust":42,"critic":57,"hype":41,"notes":{"trust":"Two digests cite the World Bank report; one names the Middle East conflict as a cause.","critic":"The digests provide a summary of the World Bank report, but lack detail on affected parties or future outlook.","hype":"The headlines use strong language like 'forecasts higher' and 'warns' without fully detailing the report's nuances."}},"tags":["#WorldBank","#CommodityPrices","#MiddleEastConflict","#EnergyPrices","#FoodPrices","#ElNino"],"entities":["World Bank","Middle East"],"body":[{"type":"key_takeaways","items":["Global commodity prices are forecast to rise 23% by the end of 2026, according to the World Bank.","The Middle East conflict is cited as a primary cause for expected price increases.","Energy prices have reached a four-year high.","Rising food prices are also attributed to global conflicts and the El Nino phenomenon."]},{"type":"paragraph","text":"The World Bank anticipates a significant increase in global commodity prices, projecting a 23% rise by the end of 2026. This forecast is detailed in the institution's latest Commodity Markets Outlook. The report identifies shocks stemming from the Middle East conflict as a key driver for these anticipated price hikes."},{"type":"paragraph","text":"Energy prices have already reached a four-year high. The report also links rising food prices to a combination of global conflicts and the El Nino phenomenon. These factors are expected to contribute to the overall increase in commodity costs through the remainder of 2026 and into 2027."},{"type":"heading","text":"Coverage disagreements"},{"type":"paragraph","text":"The World Bank's forecast for commodity price increases is stated as 23% by the end of 2026 in reports from Kosmo Online and maritimeprofessional.com. The Daily Post Nigeria digest mentions a \"varying jump in prices\" without specifying a percentage for the overall commodity rise, though it notes the forecast is for the remainder of 2026 into 2027."},{"type":"heading","text":"What the coverage left out"},{"type":"paragraph","text":"None of the centre-rated digests mention that energy prices are at a four-year high. Additionally, the centre-rated digest does not specify the overall percentage increase for global commodity prices by the end of 2026, unlike the unrated digests."}],"basedOn":[{"sourceName":"Daily Post Nigeria","url":"https://dailypost.ng/2026/10/29/world-bank-forecasts-higher-energy-food-commodity-prices","headline":"World Bank forecasts higher energy, food commodity prices","angle":"","publishedAt":"2026-10-29T05:05:33.000Z"},{"sourceName":"Kosmo Online","url":"https://kosmo.com.my/2026/10/29/amaran-bank-dunia-harga-makanan-naik-17-peratus","headline":"World Bank Warns Food Prices Could Rise 17 Percent","angle":"","publishedAt":"2026-10-29T04:15:21.000Z"},{"sourceName":"TechJuice","url":"https://techjuice.pk/world-bank-forecasts-23-percent-rise-in-global-commodity-prices-in-2026","headline":"World Bank Forecasts 23 Percent Rise in Global Commodity Prices in 2026","angle":"","publishedAt":"2026-10-29T03:57:07.000Z"},{"sourceName":"TV9 Hindi","url":"https://tv9hindi.com/business/world-bank-warning-energy-shock-and-el-nino-threaten-global-food-crisis-as-commodity-prices-rise-3948279.html","headline":"Kitchen Budgets Are Set to Worsen! Energy Crisis and El Niño Double Blow, Making Food Prices Higher Worldwide.","angle":"","publishedAt":"2026-10-29T03:35:59.000Z"},{"sourceName":"Ada Derana","url":"https://adaderana.lk/news/250754","headline":"World Bank sees commodity prices up 23% in 2026 due to Middle East war, other shocks","angle":"","publishedAt":"2026-10-29T01:19:16.933Z"},{"sourceName":"SINDOnews.com","url":"https://ekbis.sindonews.com/read/1765925/33/harga-komoditas-global-jumping-23-di-2026-bank-dunia-wanti-wanti-ancaman-krisis-pangan-1793232610","headline":"Global Commodity Prices to Jump 23% by 2026, World Bank Warns of Food Crisis Threat","angle":"","publishedAt":"2026-10-29T00:59:58.000Z"},{"sourceName":"Market Business News","url":"https://marketbusinessnews.com/commodity-shocks-are-spreading-from-energy-to-food-and-metals/452414","headline":"Commodity shocks are spreading from energy to food and metals","angle":"","publishedAt":"2026-10-29T00:00:00.000Z"},{"sourceName":"vietnamplus.vn","url":"https://vietnamplus.vn/wb-canh-bao-gia-hang-hoa-va-thuc-pham-toan-cau-trong-da-tang-lien-tuc-post1144886.vnp","headline":"The World Bank Warns that Global Commodity and Food Prices Are on a Continuous Upward Trend.","angle":"","publishedAt":"2026-10-28T23:11:07.000Z"},{"sourceName":"tvsarawak.my","url":"https://tvsarawak.my/2026/10/29/harga-komoditi-dijangka-naik-23-peratus-tahun-ini-susulan-kejutan-global-bank-dunia","headline":"Harga Komoditi Dijangka Naik 23 Peratus Tahun Ini Susulan Kejutan Global - Bank Dunia","angle":"","publishedAt":"2026-10-28T23:09:35.000Z"},{"sourceName":"Caribbean News Global","url":"https://caribbeannewsglobal.com/commodity-prices-set-to-increase-by-23-in-2026-global-shocks-mount","headline":"Commodity prices set to increase by 23% in 2026, global shocks mount","angle":"","publishedAt":"2026-10-28T22:26:23.000Z"},{"sourceName":"www.prensa-latina.cu","url":"https://prensa-latina.cu/2026/10/28/precios-de-productos-basicos-aumentaran-23-por-ciento-en-2026","headline":"Commodity Prices Will Rise 23 Percent in 2026 - News Press Latina","angle":"","publishedAt":"2026-10-28T22:16:42.000Z"},{"sourceName":"e-global.pt","url":"https://e-global.pt/noticias/mundo/banco-mundial-preve-subida-de-23-nos-precos-das-materias-primas-em-2026","headline":"World Bank Predicts 23% Increase in Raw Materials Prices in 2026","angle":"","publishedAt":"2026-10-28T21:30:00.000Z"},{"sourceName":"diarioestrategia.cl","url":"https://diarioestrategia.cl/texto-diario/mostrar/6070157/precios-materias-primas-subiran-23-2026-segun-banco-mundial","headline":"The Prices of Raw Materials Will Rise by 23% in 2026, According to World Bank","angle":"","publishedAt":"2026-10-28T20:19:21.000Z"},{"sourceName":"El Financiero","url":"https://elfinanciero.com.mx/mundo/2026/10/28/que-materinas-primas-van-a-subir-de-precios-por-el-nino-este-es-el-pronostico-del-banco-mundial","headline":"Which Raw Materials Are Going to Go up Prices for El Niño? This Is the World Bank Forecast","angle":"","publishedAt":"2026-10-28T19:26:41.199Z"},{"sourceName":"tippinsights","url":"https://tippinsights.com/world-bank-warns-global-commodity-prices-could-surge-23-in-2026","headline":"World Bank Warns Global Commodity Prices Could Surge 23% In 2026","angle":"","publishedAt":"2026-10-28T18:20:06.000Z"},{"sourceName":"maritimeprofessional.com","url":"https://maritimeprofessional.com/news/world-bank-2026-global-commodity-423924","headline":"World Bank: 2026 Global Commodity Prices to Rise 23%","angle":"","publishedAt":"2026-10-28T17:27:36.000Z"},{"sourceName":"famaradio.tv","url":"https://famaradio.tv/economia/10/28/preco-dos-alimentos-devera-subir-cerca-de-18-ate-2027","headline":"Food Prices Are Expected to Increase by About 18% by 2027","angle":"","publishedAt":"2026-10-28T17:04:07.000Z"},{"sourceName":"La República","url":"https://larepublica.co/globoeconomia/banco-mundial-ajusta-al-alza-las-proyecciones-de-precios-de-materias-primas-por-la-guerra-y-el-nino-4512930","headline":"World Bank Adjusts Upwards Projections of Commodity Prices by War and El Niño","angle":"","publishedAt":"2026-10-28T17:00:02.000Z"},{"sourceName":"The Whistler Nigeria","url":"https://thewhistler.ng/world-bank-projects-23-rise-in-global-commodity-prices","headline":"World Bank Projects 23% Rise In Global Commodity Prices","angle":"","publishedAt":"2026-10-28T16:59:39.000Z"},{"sourceName":"6yka.com","url":"https://6yka.com/svijet/svijet-ceka-novi-talas-rasta-cijena-hrana-bi-mogla-poskupjeti-i-do-18-odsto","headline":"The World Is Waiting for a New Wave of Price Increases: Food Could Become More Expensive by up to 18 Percent","angle":"","publishedAt":"2026-10-28T16:59:03.336Z"},{"sourceName":"folhanacional.pt","url":"https://folhanacional.pt/2026/10/28/alimentos-devem-ficar-18-mais-caros-ate-2027","headline":"Food Must Be 18% More Expensive by 2027 - 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Presse","url":"https://lapresse.ca/affaires/economie/2026-10-28/selon-la-banque-mondiale/les-prix-des-aliments-devraient-progresser-de-18-entre-2025-et-2027.php","headline":"According to the World Bank, Food Prices Are Expected to Rise by 18% Between 2025 and 2027","angle":"","publishedAt":"2026-10-28T14:03:55.000Z"},{"sourceName":"Mugglehead Magazine","url":"https://mugglehead.com/world-bank-commodity-price-forecast-energy-metals-2026","headline":"World Bank forecasts 23% commodity-price rise in 2026","angle":"","publishedAt":"2026-10-28T14:02:34.480Z"},{"sourceName":"op-online.de","url":"https://op-online.de/wirtschaft/weltbank-rechnet-mit-weiter-steigenden-lebensmittelpreisen-zr-94562628.html","headline":"World Bank Expects Food Prices to Continue to Rise","angle":"","publishedAt":"2026-10-28T13:47:44.726Z"},{"sourceName":"Frankfurter 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