IMF Primary Commodity Prices 1980-2013

The <i>International Monertary Fund (IMF) Primary Commodity Prices (PCP) </i> database includes monthly data from 1980 onwards. The index, maintained by the IMF, tracks prices of internationally traded primary commodities, including industrial metals, foodstuffs, beverages, agricultural raw materials and fuels. It reports benchmark prices that are representative of the global market, determined by the largest exporter of a given commodity. It differs from the World Bank’s (WB) Commodity index as the WB's basket, which is designed to be representative of developing countries, does not include advanced economies' trade for the purposes of constructing the index. <br> <br> This database was first provided by the UK Data Service in April 2013. Further information about the <i>IMF PCP</i> database in the form of FAQ's can be found at <a class="external" href=" http://www.imf.org/external/np/res/commod/faq/index.htm" title="IMF PCP">IMF PCP</a> website.<br> <br> Citation:</b> The bibliographic citation for the database is: International Monetary Fund (<i>{YYYY}</i>): Primary Commodity Prices (<i>{date/edition of dataset}</i>). UK Data Service.<br> <br>