Commodity costs are stable or easing.

Global Food Prices · year-over-year

Global food: 4.80% — Global food costs are rising 4.8% a year. That’s the 62nd percentile of all its readings since 1993.

How we score this: ok below 5.00% · watch 5.00% to 12.00% · elevated 12.00% to 25.00% · alert 25.00% and up full method

U.S. Grocery Prices · year-over-year

Groceries: 2.13% — Grocery prices costs are rising 2.1% a year. That’s the 42nd percentile of all its readings since 1953.

How we score this: ok below 3.00% · watch 3.00% to 6.00% · elevated 6.00% to 10.00% · alert 10.00% and up full method

Groceries: down 4 readings in a row.

Copper · “Dr. Copper”

Copper: $13,543 — Copper is up 39% from a year ago, now 13,543.

Why it isn’t scored: A market price has no inherent good-or-bad level — higher or lower isn't itself better or worse.

Broad Commodities · year-over-year

Commodities: 16.60% — The broad commodity index is rising 16.6% a year.

Why it isn’t scored: A market price has no inherent good-or-bad level — higher or lower isn't itself better or worse.