---
title: "World Bank Predicts 23% Commodity Price Rise by 2026"
publication: "MediaBias News"
url: "https://mediabias.news/business/world-bank-predicts-23-commodity-price-rise-by-2026"
api: "https://mediabias.news/api/v1/stories/world-bank-predicts-23-commodity-price-rise-by-2026"
markdown: "https://mediabias.news/business/world-bank-predicts-23-commodity-price-rise-by-2026.md"
audio: "https://mediabias.news/api/audio/world-bank-predicts-23-commodity-price-rise-by-2026"
category: "Business & Economy"
area: "Middle East"
published: "2026-10-29T05:46:22.546Z"
source_reported: "2026-10-29T05:05:33.000Z"
updated: "2026-10-29T06:15:14.128Z"
trust_score: 42
critic_score: 57
hype_score: 41
assessment_type: "coverage-and-source-reporting-analysis"
fact_check_status: "not-performed"
coverage_measured: "2026-10-29T07:00:37.935395+00:00"
---

# World Bank Predicts 23% Commodity Price Rise by 2026

*Conflict and climate factors cited for expected increases in energy and food costs.*

**Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): 

- Trust 42 of 100, higher is better. Two digests cite the World Bank report; one names the Middle East conflict as a cause.
- Craft 57 of 100, higher is better. The digests provide a summary of the World Bank report, but lack detail on affected parties or future outlook.
- Hype 41 of 100, lower is better. The headlines use strong language like 'forecasts higher' and 'warns' without fully detailing the report's nuances.

Scored by MediaBias News; method at https://mediabias.news/methodology.

**The short version**

- 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.

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.

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.

## Coverage disagreements

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.

## What the coverage left out

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.

## Who covered it

Shares of the 32 covering outlets with a published leaning rating:

- Left: 19% (6)
- Centre: 47% (15)
- Right: 34% (11)

47 of 79 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-10-29T07:00:37.935395+00:00.

**Coverage watch:** developing. Checked 6 times; 2 checks found a material change. Most recently checked 2026-10-29T07:15:15.431Z.

## How the sides framed it

### Left

- The left‑rated outlets reported that the World Bank projected a 23 percent increase in global commodity prices for 2026. Ada Derana, Premium Times Nigeria, Punch Newspapers and aljazeera.net all noted the rise and linked it to the Middle East conflict, shipping disruptions and weather‑related risks.
- La Presse and TVA Nouvelles focused on food prices, stating the Bank expects an 18 percent rise between 2025 and 2027. Both digests attributed the increase to supply difficulties caused by conflicts and to an anticipated strong El Niño event during the winter season.
- None of the left‑rated digests mention any projection beyond the 2026 commodity price increase, nor do they provide a separate estimate for energy‑price changes despite the aljazeera.net headline referencing a larger rise.

### Centre

- The centre-rated report from Daily Post Nigeria led with the World Bank's forecast for higher energy and food commodity prices. It stated that energy and food item costs would increase in the remainder of 2026 into 2027. The digest cited the World Bank Group's latest Commodity Markets Outlook and mentioned a "varying jump in prices" due to shocks from the Middle East conflict.

### Right

- All eleven right‑rated outlets reported that the World Bank forecast a 23 percent rise in global commodity prices for 2026. Each digest also noted an expected 32 percent increase in energy prices and linked the surge to the conflict in the Middle East disrupting oil and grain supplies.
- Several digests added that an El Niño event and heightened demand for safe‑haven assets such as gold were also cited as drivers. Food price increases were described, with figures of about ten percent or eighteen percent for 2026, and concerns were raised about food security for the poorest nations.
- None of the right‑rated digests provided a monetary cost estimate for the projected rise, quoted any World Bank officials, or outlined policy responses. They also omitted detailed breakdowns by commodity type beyond energy and food, and gave no analysis of regional effects outside the Middle East conflict.

## Factuality profile of the covering outlets

These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true.

- veryLow: 2
- mixed: 6
- high: 18
- unknown: 47
- veryHigh: 6

## Verification scope

This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true.

## Original reporting this was written from

- [Daily Post Nigeria](https://dailypost.ng/2026/10/29/world-bank-forecasts-higher-energy-food-commodity-prices) — World Bank forecasts higher energy, food commodity prices
- [Kosmo Online](https://kosmo.com.my/2026/10/29/amaran-bank-dunia-harga-makanan-naik-17-peratus) — World Bank Warns Food Prices Could Rise 17 Percent
- [TechJuice](https://techjuice.pk/world-bank-forecasts-23-percent-rise-in-global-commodity-prices-in-2026) — World Bank Forecasts 23 Percent Rise in Global Commodity Prices in 2026
- [TV9 Hindi](https://tv9hindi.com/business/world-bank-warning-energy-shock-and-el-nino-threaten-global-food-crisis-as-commodity-prices-rise-3948279.html) — Kitchen Budgets Are Set to Worsen! Energy Crisis and El Niño Double Blow, Making Food Prices Higher Worldwide.
- [Ada Derana](https://adaderana.lk/news/250754) — World Bank sees commodity prices up 23% in 2026 due to Middle East war, other shocks
- [SINDOnews.com](https://ekbis.sindonews.com/read/1765925/33/harga-komoditas-global-jumping-23-di-2026-bank-dunia-wanti-wanti-ancaman-krisis-pangan-1793232610) — Global Commodity Prices to Jump 23% by 2026, World Bank Warns of Food Crisis Threat
- [Market Business News](https://marketbusinessnews.com/commodity-shocks-are-spreading-from-energy-to-food-and-metals/452414) — Commodity shocks are spreading from energy to food and metals
- [vietnamplus.vn](https://vietnamplus.vn/wb-canh-bao-gia-hang-hoa-va-thuc-pham-toan-cau-trong-da-tang-lien-tuc-post1144886.vnp) — The World Bank Warns that Global Commodity and Food Prices Are on a Continuous Upward Trend.
- [tvsarawak.my](https://tvsarawak.my/2026/10/29/harga-komoditi-dijangka-naik-23-peratus-tahun-ini-susulan-kejutan-global-bank-dunia) — Harga Komoditi Dijangka Naik 23 Peratus Tahun Ini Susulan Kejutan Global - Bank Dunia
- [Caribbean News Global](https://caribbeannewsglobal.com/commodity-prices-set-to-increase-by-23-in-2026-global-shocks-mount) — Commodity prices set to increase by 23% in 2026, global shocks mount
- [www.prensa-latina.cu](https://prensa-latina.cu/2026/10/28/precios-de-productos-basicos-aumentaran-23-por-ciento-en-2026) — Commodity Prices Will Rise 23 Percent in 2026 - News Press Latina
- [e-global.pt](https://e-global.pt/noticias/mundo/banco-mundial-preve-subida-de-23-nos-precos-das-materias-primas-em-2026) — World Bank Predicts 23% Increase in Raw Materials Prices in 2026
- [diarioestrategia.cl](https://diarioestrategia.cl/texto-diario/mostrar/6070157/precios-materias-primas-subiran-23-2026-segun-banco-mundial) — The Prices of Raw Materials Will Rise by 23% in 2026, According to World Bank
- [El Financiero](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) — Which Raw Materials Are Going to Go up Prices for El Niño? This Is the World Bank Forecast
- [tippinsights](https://tippinsights.com/world-bank-warns-global-commodity-prices-could-surge-23-in-2026) — World Bank Warns Global Commodity Prices Could Surge 23% In 2026
- [maritimeprofessional.com](https://maritimeprofessional.com/news/world-bank-2026-global-commodity-423924) — World Bank: 2026 Global Commodity Prices to Rise 23%
- [famaradio.tv](https://famaradio.tv/economia/10/28/preco-dos-alimentos-devera-subir-cerca-de-18-ate-2027) — Food Prices Are Expected to Increase by About 18% by 2027
- [La República](https://larepublica.co/globoeconomia/banco-mundial-ajusta-al-alza-las-proyecciones-de-precios-de-materias-primas-por-la-guerra-y-el-nino-4512930) — World Bank Adjusts Upwards Projections of Commodity Prices by War and El Niño
- [The Whistler Nigeria](https://thewhistler.ng/world-bank-projects-23-rise-in-global-commodity-prices) — World Bank Projects 23% Rise In Global Commodity Prices
- [6yka.com](https://6yka.com/svijet/svijet-ceka-novi-talas-rasta-cijena-hrana-bi-mogla-poskupjeti-i-do-18-odsto) — The World Is Waiting for a New Wave of Price Increases: Food Could Become More Expensive by up to 18 Percent
- [folhanacional.pt](https://folhanacional.pt/2026/10/28/alimentos-devem-ficar-18-mais-caros-ate-2027) — Food Must Be 18% More Expensive by 2027 - Folha Nacional
- [Latestly](https://latestly.com/agency-news/business-news-global-commodity-prices-to-rise-23-in-2026-amid-middle-east-conflict-world-bank-7660089.html) — Global Commodity Prices to Rise 23% in 2026 Amid Middle East Conflict: World Bank
- [Portfolio](https://portfolio.hu/gazdasag/20261028/nincs-megallas-dramai-aremelkedest-josol-a-vilagbank-az-elelmiszereket-is-eleri-az-inflacio-872662) — There's No Stopping: World Bank Predicts Dramatic Price Increases, Inflation Will Also Affect Food
- [Punch Newspapers](https://punchng.com/world-bank-forecasts-23-rise-in-commodity-prices) — World Bank forecasts 23% rise in commodity prices
- [economymiddleeast.com](https://economymiddleeast.com/news/world-bank-raises-2026-commodity-price-forecast-to-23-percent-as-energy-costs-surge) — World Bank raises 2026 commodity price forecast to 23 percent as energy costs surge
- [Forbes España](https://forbes.es/ultima-hora/1057882/los-precios-de-las-materias-primas-subiran-un-23-en-2026-segun-banco-mundial) — The Prices of Raw Materials Will Rise by 23% in 2026, According to World Bank
- [24 heures](https://24heures.ca/2026/10/28/les-prix-alimentaires-dans-le-monde-en-hausse-de-18-entre-2025-et-2027-selon-la-banque-mondiale) — World Food Prices Rise by 18% Between 2025 and 2027, According to the World Bank
- [Radio France Internationale](https://rfi.fr/en/international-news/20261028-world-bank-warns-of-worsening-food-insecurity-as-commodity-prices-soar) — World Bank warns of worsening food insecurity as commodity prices ...
- [Observador](https://observador.pt/2026/10/28/preco-dos-alimentos-devera-subir-18-entre-2025-e-2027) — Food Prices Should Rise 18% Between 2025 and 2027
- [Anadolu Ajansı](https://aa.com.tr/en/economy/global-commodity-prices-projected-to-surge-23-in-2026-on-middle-east-conflict-world-bank/4104085) — Global Commodity Prices Projected to Surge 23% in 2026 on Middle East Conflict: World Bank
- [rtl.lu](https://today.rtl.lu/news/world/world-bank-warns-of-worsening-food-insecurity-as-commodity-prices-soar-504971076) — To increase by 23%: World Bank warns of worsening food insecurity as commodity prices soar
- [Lahore Mirror](https://lahoremirror.com/middle-east-war-other-shocks-world-bank-sees-commodity-prices-up-23-in-2026) — World Bank sees commodity prices up 23% in 2026
- [insider.gr](https://insider.gr/oikonomia/430484/pagkosmia-trapeza-alma-23-stis-times-ton-emporeymaton-2026-proeidopoiisi-gia-nea) — World Bank: 23% Jump in Commodity Prices in 2026 - Warning of New Food Crisis
- [Correio da Manhã](https://cmjornal.pt/economia/detalhe/preco-dos-alimentos-devera-subir-18-entre-2025-e-2027) — Food Prices Should Rise 18% Between 2025 and 2027
- [srpskainfo.com](https://srpskainfo.com/biznis/ratovi-i-el-ninjo-kroje-cijene-hranu-cemo-placati-i-do-18-skuplje-stize-novi-talas-poskupljenja-u-cijelom-svijetu) — WARS AND EL NINJO CUT PRICES We Will Pay up to 18% More for Food, a New Wave of Price Increases Is Coming All over the World
- [Noticias ao Minuto](https://noticiasaominuto.com/economia/3074474/banco-mundial-alerta-precos-dos-alimentos-subirao-18-ate-2027) — World Bank Alert: Food Prices Will Rise 18% by 2027
- [TVA Nouvelles](https://tvanouvelles.ca/2026/10/28/les-prix-alimentaires-dans-le-monde-en-hausse-de-18-entre-2025-et-2027-selon-la-banque-mondiale) — World Food Prices Rise by 18% Between 2025 and 2027, According to the World Bank
- [Premium Times Nigeria](https://premiumtimesng.com/business/business-news/921055-world-bank-projects-23-rise-in-global-commodity-prices-in-2026.html) — World Bank projects 23% rise in global commodity prices in 2026
- [Gestion](https://gestion.pe/mundo/internacional/banco-mundial-eleva-previsiones-de-precios-de-materias-primas-por-la-guerra-y-el-nino-noticia) — BM on Raw Materials: Energy Prices Will Rise This Year by War and El Niño
- [g4food.ro](https://g4food.ro/banca-mondiala-preturile-alimentelor-ar-putea-creste-cu-18-pana-in-2027) — Food Prices Could Rise by 18% by 2027
- [P.M. News Nigeria](https://pmnewsnigeria.com/2026/10/28/inflation-alert-world-bank-sounds-alarm-with-projected-23-rise-in-commodity-costs) — Inflation Alert: World Bank sounds alarm with projected 23% rise in commodity costs
- [alborsaanews.com](https://alborsaanews.com/2026/10/28/2002653) — The World Bank Cautions Against Worsening Food Insecurity as Commodity Prices Rise - the Stock Exchange
- [TRT World](https://trtworld.com/article/dc0f37256aea) — World Bank warns of food crisis as war, weather shocks hit supplies
- [24 HU](https://24.hu/fn/gazdasag/2026/10/28/vilagbank-elelmiszerarak-dragulas-nyersanyagpiac-2026) — World Bank: Food Prices Could Rise Further
- [France24](https://france24.com/es/minuto-a-minuto/20261028-el-banco-mundial-advierte-de-una-fuerte-alza-de-precios-de-los-alimentos-hasta-2027) — World Bank Warns of a Sharp Rise in Food Prices Until 2027
- [Business Recorder](https://brecorder.com/news/40446331) — World Bank sees commodity prices up 23% in 2026 due to Middle East war, other shocks
- [Habertürk](https://haberturk.com/ekonomi/dunya-bankasi-emtia-fiyatlarinin-2026-da-artmasini-bekliyor-3923242) — The World Bank Expects Commodity Prices to Rise in 2026.
- [news-pravda.com](https://news-pravda.com/world/2026/10/28/2701237.html) — Gas prices in European countries have increased due to the refusal of their authorities from supplies from Russia, according to the World Bank's "Commodity Market Prospects" report
- [aljazeera.net](https://aljazeera.net/ebusiness/2026/10/28/%d8%a7%d9%84%d8%a8%d9%86%d9%83-%d8%a7%d9%84%d8%af%d9%88%d9%84%d9%8a-%d9%8a%d8%aa%d9%88%d9%82%d8%b9-%d8%a3%d9%83%d8%a8%d8%b1-%d8%aa%d8%b1%d8%a7%d8%ac%d8%b9) — The World Bank Anticipates the Largest Decline in Oil Supplies in Four Decades and Rising Energy Prices 32%.
- [Globo](https://valor.globo.com/mundo/noticia/2026/10/28/banco-mundial-prev-alta-de-23-pontos-percentuais-nos-preos-das-commodities-em-2026.ghtml) — World Bank Predicts a 23% Increase in Commodity Prices in 2026
- [bloomberght.com](https://bloomberght.com/dunya-bankasi-emtia-fiyatlarinin-2026-da-yuzde-23-artmasini-bekliyor-3792730) — The World Bank Expects Commodity Prices to Rise by 23 Percent in 2026.
- [Le Figaro](https://lefigaro.fr/conso/les-prix-des-denrees-alimentaires-dans-le-monde-devraient-augmenter-de-18-entre-2025-et-2027-selon-la-banque-mondiale-20261028) — World Food Prices Are Forecast to Rise by 18% Between 2025 and 2027, According to the World Bank
- [1prime.ru](https://1prime.ru/20261028/vb-874719719.html) — WB Predicts World Metal Prices Rising to Record Values
- [The Economic Times](https://m.economictimes.com/news/international/world-news/world-bank-sounds-alarm-on-food-crisis-as-energy-shock-and-el-nino-push-commodity-prices-up-23/articleshow/135269234.cms) — World Bank sounds alarm on food crisis as energy shock and El Nino push commodity prices up 23%
- [Times of India](https://economictimes.indiatimes.com/news/international/world-news/world-bank-sounds-alarm-on-food-crisis-as-energy-shock-and-el-nino-push-commodity-prices-up-23/articleshow/135269234.cms) — World Bank sounds alarm on food crisis as energy shock and El Nino push commodity prices up 23%
- [Haberler](https://haberler.com/ekonomi/dunya-bankasi-emtia-fiyatlarinda-2026-icin-yuzde-20375123-haberi) — The World Bank Has Projected a 23.1% Increase in Commodity Prices by 2026.
- [ukragroconsult.com](https://ukragroconsult.com/news/svitovyj-bank-prognozuye-podorozhchannya-prodovolystva-na-10-u-2026-roczi-cherez-globalyni-ryzyky) — World Bank Predicts 10% Rise in Food Prices in 2026 Due to Global Risks
- [IMLebanon](https://imlebanon.org/2026/10/28/world-bank-31) — World Bank Anticipates a Leap in Energy and Commodity Prices
- [Vanguardia](https://vanguardia.com.mx/dinero/petroprecios-seguiran-altos-advierte-el-banco-mundial-DG24441552) — Petroprecios Will Continue High, Warns the World Bank
- [La Presse](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) — According to the World Bank, Food Prices Are Expected to Rise by 18% Between 2025 and 2027
- [Mugglehead Magazine](https://mugglehead.com/world-bank-commodity-price-forecast-energy-metals-2026) — World Bank forecasts 23% commodity-price rise in 2026
- [op-online.de](https://op-online.de/wirtschaft/weltbank-rechnet-mit-weiter-steigenden-lebensmittelpreisen-zr-94562628.html) — World Bank Expects Food Prices to Continue to Rise
- [Frankfurter Allgemeine](https://faz.net/aktuell/wirtschaft/unternehmen/business-liveticker-weltbank-rechnet-mit-weiter-steigenden-lebensmittelpreisen-faz-200452404.html) — Business Live Ticker: World Bank Expects Food Prices to Continue to Rise
- [Channel News Asia](https://channelnewsasia.com/business/world-bank-sees-commodity-prices-up-23-in-2026-due-middle-east-war-other-shocks-6500161) — World Bank sees commodity prices up 23% in 2026 due to Middle East war, other shocks
- [WTVB](https://wtvbam.com/2026/10/28/world-bank-sees-commodity-prices-up-23-in-2026-due-to-middle-east-war-other-shocks) — World Bank sees commodity prices up 23% in 2026 due to Middle East war, other shocks
- [RN](https://ruhrnachrichten.de/dpa-infoline-zvr/weltbank-rechnet-mit-weiter-steigenden-lebensmittelpreisen-w1267233-2002279814) — World Bank Expects Food Prices to Continue to Rise
- [bbv-net.de](https://bbv-net.de/dpa-infoline-zvr/weltbank-rechnet-mit-weiter-steigenden-lebensmittelpreisen-w1267233-6000653169) — World Bank Expects Food Prices to Continue to Rise
- [Reuters](https://reuters.com/business/world-bank-sees-commodity-prices-up-23-2026-due-middle-east-war-other-shocks-2026-10-28) — World Bank sees commodity prices up 23% in 2026 due to Middle East war ...
- [onetz.de](https://onetz.de/deutschland-welt/weltbank-rechnet-steigenden-lebensmittelpreisen-id5545328.html) — World Bank Expects Food Prices to Continue to Rise
- [Badische Neueste Nachrichten](https://bnn.de/nachrichten/wirtschaft/weltbank-rechnet-mit-weiter-steigenden-lebensmittelpreisen) — World Bank Expects Food Prices to Continue to Rise
- [Handelsblatt](https://handelsblatt.com/politik/deutschland/rohstoffe-weltbank-rechnet-mit-weiter-steigenden-lebensmittelpreisen/100265641.html) — Raw Materials: World Bank Expects Food Prices to Continue to Rise
- [inFranken.de](https://infranken.de/deutschland/weltbank-rechnet-mit-weiter-steigenden-lebensmittelpreisen-art-6406923) — World Bank Expects Food Prices to Continue to Rise
- [noz.de](https://noz.de/deutschland-welt/wirtschaft/artikel/weltbank-rechnet-mit-weiter-steigenden-lebensmittelpreisen-51663567) — World Bank Expects Food Prices to Continue to Rise
- [saarbruecker-zeitung.de](https://saarbruecker-zeitung.de/nachrichten/wirtschaft/weltbank-rechnet-mit-weiter-steigenden-lebensmittelpreisen_aid-157396351) — Raw Materials: World Bank Expects Food Prices to Continue to Rise
- [volksfreund.de](https://volksfreund.de/nachrichten/wirtschaft/weltbank-rechnet-mit-weiter-steigenden-lebensmittelpreisen_aid-157396343) — Raw Materials: World Bank Expects Food Prices to Continue to Rise
- [wz.de](https://wz.de/wirtschaft/weltbank-rechnet-mit-weiter-steigenden-lebensmittelpreisen_aid-157396201) — World Bank Expects Food Prices to Continue to Rise
- [Maritime Reporter](https://marinelink.com/news/world-bank-global-commodity-prices-rise-543973) — World Bank: 2026 Global Commodity Prices to Rise 23%
- [El Economista](https://eleconomista.com.mx/economia/banco-mundial-advierte-fuerte-alza-precios-alimentos-20261028-840913.html) — World Bank Warns of a Sharp Rise in Food Prices Until 2027
- [tcsahora.com](https://tcsahora.com/banco-mundial-advierte-riesgos-economicos-por-el-nino) — World Bank Warns Economic Risks by El Niño

## Questions

**What is the World Bank's forecast for global commodity prices?**

The World Bank forecasts that global commodity prices will rise by 23% by the end of 2026. This projection is based on the institution's latest Commodity Markets Outlook report.

**What factors are contributing to the expected price increases?**

The primary factors cited for the expected price increases include shocks triggered by the Middle East conflict, which has depleted oil reserves. Rising food prices are also attributed to global conflicts and the El Nino phenomenon.

**What is the current state of energy prices?**

Energy prices are currently at a four-year high. This situation is noted as a contributing factor to the overall expected rise in commodity prices.

---

MediaBias News — https://mediabias.news. Reproduced from https://mediabias.news/business/world-bank-predicts-23-commodity-price-rise-by-2026. Please cite as: MediaBias News, "World Bank Predicts 23% Commodity Price Rise by 2026", https://mediabias.news/business/world-bank-predicts-23-commodity-price-rise-by-2026