Commodity Research Bureau Index

Commodity Research Bureau Index

An index that tracks the price movements of commodities. The CRB does not follow any one commodity sector but rather the overall direction of commodities generally. The CRB is watched by both commodity and bond investors because the prices of commodities and bonds tend to move in opposite directions due to inflation.
References in periodicals archive ?
Recently the US-based Commodity Research Bureau index of 17 leading commodity prices recorded a 21-year low.
They are monthly price indexes for the CPI, the Commodity Research Bureau index of commodity prices, the Journal of Commerce index, and the Producer Price Index for crude materials from 1955:1 to 1987:4.
Since September 2007, the price of crude oil is up 100%; retail gasoline up 69%; natural gas 95%; and the Commodity Research Bureau index for foodstuffs is up 27%.
Drawing on the work of its consultant, Dan Norcini, a futures trader in Houston, GATA compared 1980 monthly closing levels of the Commodity Research Bureau Index with the monthly closing spot gold price at the time.