The prices of vital industrial metals experienced an unprecedented surge in April, breaking free from a protracted period of stability. According to the latest data from the Institute of German Economy (IW) in Cologne, the Industrial Metal Price Index (IMP-Index) soared by 9.5 percent, representing the most substantial increase since March 2022. This abrupt shift suggests a potential reconfiguration in the economic landscape, influenced in part by a slight Euro depreciation against the Dollar. Analysts speculate that heightened demand expectations amidst constrained supply capacities are driving this historic rise in prices.
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