Global metals price index (IMF)
Latest reading: 223 Index (March 2026)
- 1-month change
- +1.3%
- 3-month change
- +5.7%
- 12-month change
- +19.0%
- Source
- FRED PMETAINDEXM
Price history
Observations
| Date | Value (Index) |
|---|---|
| Mar 1, 2026 | 222.85 |
| Feb 1, 2026 | 220.01 |
| Jan 1, 2026 | 224.18 |
| Dec 1, 2025 | 210.77 |
| Nov 1, 2025 | 201.80 |
| Oct 1, 2025 | 201.29 |
| Sep 1, 2025 | 192.58 |
| Aug 1, 2025 | 184.73 |
| Jul 1, 2025 | 184.26 |
| Jun 1, 2025 | 180.63 |
| May 1, 2025 | 179.14 |
| Apr 1, 2025 | 175.90 |
What the data shows
As of March 2026, global metals price index (imf) stands at 223 Index (FRED: PMETAINDEXM). That is +19.0% versus March 2025 (187 Index), a sharply higher trajectory over the past year. Over the last three months the series has moved +5.7% and notably higher; month-on-month it is +1.3% and modestly higher. The trailing twelve-month range runs from 176 Index to 224 Index. Procurement teams tracking global metals exposure should treat this series as a monthly benchmark when repricing contracts, modelling cost-pass-through, or reviewing supplier indexation clauses.
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