The World Bank forecasts a significant rise in energy, raw material, and food prices through 2027. For Algeria, these projections offer a mixed outcome. While the surge in oil and gas prices strengthens state revenues—which reached 37.5 billion dollars in the first nine months of 2026—it simultaneously threatens to inflate the import bill. Factors such as Middle Eastern instability and the El Niño phenomenon are driving these global market trends. As Algeria continues to invest in infrastructure and social programs using hydrocarbon gains, the expected rise in global food costs poses a risk of imported inflation, complicating efforts by authorities to maintain price stability for non-subsidized consumer goods.