Commodity Research Bureau Index
a.k.a. CRB Index
A long-running index that tracks the prices of a basket of commodities such as energy, metals and crops.
In plain English
A long-running index that tracks the prices of a basket of commodities such as energy, metals and crops.
The CRB Index bundles many raw materials into one number, a quick read on whether commodities as a whole are getting dearer or cheaper. Its make-up has been revised several times since it began in the 1950s.
Rising commodity prices can feed inflation and tend to support commodity currencies.
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