Table
A3. Weighted Indices of Commodity Prices and Inflation, 2000=100 |
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Actual |
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Projection
a/ |
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1970 |
1980 |
1990 |
2000 |
2010 |
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2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
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Indices
based on prices in current US dollars |
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Energy b/ |
5.6 |
124.3 |
81.3 |
100.0 |
271.2 |
|
328.7 |
314.0 |
305.9 |
300.4 |
294.9 |
289.5 |
285.3 |
281.2 |
277.2 |
276.2 |
|
Non-energy commodities c/ |
53.3 |
143.5 |
118.6 |
100.0 |
266.5 |
|
302.7 |
273.3 |
246.9 |
234.7 |
220.2 |
213.2 |
213.3 |
213.5 |
213.7 |
214.0 |
|
Agriculture |
54.8 |
157.8 |
116.4 |
100.0 |
231.3 |
|
254.6 |
219.3 |
197.6 |
197.5 |
193.8 |
192.4 |
191.1 |
189.8 |
188.6 |
187.4 |
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Beverages |
66.5 |
221.2 |
120.3 |
100.0 |
253.8 |
|
254.1 |
226.0 |
212.5 |
201.9 |
193.1 |
188.8 |
184.6 |
180.5 |
176.5 |
172.7 |
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Food |
58.8 |
161.8 |
118.9 |
100.0 |
224.1 |
|
243.4 |
213.9 |
201.4 |
195.8 |
194.1 |
192.9 |
191.7 |
190.5 |
189.4 |
188.3 |
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Fats and oils |
68.4 |
158.7 |
108.0 |
100.0 |
244.4 |
|
274.4 |
235.5 |
220.3 |
212.2 |
209.8 |
207.0 |
204.3 |
201.6 |
198.9 |
196.3 |
|
Grains |
59.2 |
161.0 |
124.7 |
100.0 |
215.8 |
|
235.3 |
216.9 |
205.6 |
200.1 |
200.0 |
199.0 |
198.1 |
197.1 |
196.2 |
195.3 |
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Other food |
45.8 |
166.5 |
128.0 |
100.0 |
204.9 |
|
209.8 |
182.8 |
172.6 |
170.4 |
168.2 |
168.8 |
169.5 |
170.1 |
170.7 |
171.4 |
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Raw materials |
39.3 |
115.7 |
108.2 |
100.0 |
237.5 |
|
282.4 |
229.0 |
180.9 |
199.2 |
193.3 |
193.0 |
192.8 |
192.7 |
192.6 |
192.6 |
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Timber |
28.0 |
74.6 |
90.4 |
100.0 |
143.5 |
|
176.6 |
167.3 |
161.7 |
156.3 |
154.1 |
157.0 |
160.0 |
163.1 |
166.2 |
169.4 |
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Other Raw Materials |
51.7 |
160.6 |
127.6 |
100.0 |
340.3 |
|
398.0 |
296.5 |
202.0 |
246.1 |
236.2 |
232.4 |
228.7 |
225.0 |
221.4 |
217.9 |
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Fertilizers |
23.6 |
143.9 |
101.2 |
100.0 |
280.0 |
|
313.2 |
279.4 |
265.4 |
255.9 |
246.3 |
243.4 |
240.5 |
237.6 |
234.7 |
231.9 |
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Metals and minerals d/ |
53.4 |
114.1 |
125.2 |
100.0 |
337.2 |
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400.0 |
383.3 |
345.8 |
308.5 |
271.3 |
252.4 |
255.9 |
259.4 |
263.0 |
266.5 |
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Base Metals e/ |
57.8 |
117.9 |
128.1 |
100.0 |
297.8 |
|
363.8 |
351.3 |
321.2 |
291.5 |
261.7 |
246.4 |
248.8 |
251.1 |
253.4 |
255.8 |
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Indices
based on prices in constant 2000 US dollars f/ |
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Energy b/ |
19.3 |
153.2 |
79.0 |
100.0 |
224.9 |
|
280.7 |
276.4 |
269.4 |
263.1 |
257.0 |
251.1 |
246.2 |
241.5 |
236.8 |
234.9 |
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Non-energy commodities c/ |
184.5 |
176.9 |
115.3 |
100.0 |
221.0 |
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258.5 |
240.6 |
217.4 |
205.6 |
191.9 |
184.9 |
184.1 |
183.3 |
182.6 |
181.9 |
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Agriculture |
190.0 |
194.5 |
113.1 |
100.0 |
191.8 |
|
217.5 |
193.1 |
174.0 |
173.0 |
168.9 |
166.9 |
164.9 |
163.0 |
161.1 |
159.3 |
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Beverages |
230.4 |
272.7 |
116.9 |
100.0 |
210.4 |
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217.0 |
199.0 |
187.1 |
176.8 |
168.3 |
163.8 |
159.3 |
155.0 |
150.9 |
146.8 |
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Food |
203.7 |
199.5 |
115.5 |
100.0 |
185.8 |
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207.8 |
188.4 |
177.3 |
171.6 |
169.2 |
167.3 |
165.5 |
163.6 |
161.8 |
160.1 |
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Fats and oils |
236.9 |
195.7 |
105.0 |
100.0 |
202.7 |
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234.3 |
207.4 |
194.0 |
185.9 |
182.9 |
179.5 |
176.3 |
173.1 |
170.0 |
166.9 |
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Grains |
205.1 |
198.6 |
121.1 |
100.0 |
178.9 |
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200.9 |
191.0 |
181.0 |
175.3 |
174.3 |
172.6 |
171.0 |
169.3 |
167.6 |
166.0 |
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Other food |
158.7 |
205.3 |
124.4 |
100.0 |
169.9 |
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179.2 |
160.9 |
152.0 |
149.3 |
146.6 |
146.4 |
146.2 |
146.1 |
145.9 |
145.7 |
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Raw materials |
136.1 |
142.7 |
105.1 |
100.0 |
196.9 |
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241.1 |
201.6 |
159.3 |
174.5 |
168.5 |
167.4 |
166.4 |
165.5 |
164.6 |
163.7 |
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Timber |
97.0 |
92.0 |
87.9 |
100.0 |
119.0 |
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150.8 |
147.3 |
142.3 |
136.9 |
134.3 |
136.2 |
138.1 |
140.1 |
142.0 |
144.0 |
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Other Raw Materials |
178.9 |
198.0 |
124.0 |
100.0 |
282.2 |
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339.9 |
261.0 |
177.8 |
215.6 |
205.9 |
201.6 |
197.4 |
193.2 |
189.2 |
185.2 |
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Fertilizers |
81.6 |
177.4 |
98.4 |
100.0 |
232.2 |
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267.5 |
246.0 |
233.7 |
224.2 |
214.7 |
211.1 |
207.5 |
204.0 |
200.6 |
197.2 |
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Metals and minerals d/ |
184.9 |
140.7 |
121.7 |
100.0 |
279.6 |
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341.6 |
337.4 |
304.5 |
270.3 |
236.5 |
218.9 |
220.8 |
222.8 |
224.7 |
226.6 |
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Base Metals e/ |
200.3 |
145.4 |
124.5 |
100.0 |
246.9 |
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310.7 |
309.2 |
282.8 |
255.3 |
228.1 |
213.7 |
214.7 |
215.6 |
216.5 |
217.5 |
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Inflation
indices, 2000=100 g/ |
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MUV index h/ |
28.9 |
81.1 |
102.9 |
100.0 |
120.6 |
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117.1 |
113.6 |
113.6 |
114.2 |
114.7 |
115.3 |
115.9 |
116.5 |
117.0 |
117.6 |
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% change per annum |
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10.9 |
2.4 |
-0.3 |
1.9 |
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-2.9 |
-3.0 |
0.0 |
0.5 |
0.5 |
0.5 |
0.5 |
0.5 |
0.5 |
0.5 |
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US GDP deflator |
27.4 |
53.9 |
81.4 |
100.0 |
124.7 |
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126.6 |
129.0 |
132.0 |
135.0 |
137.8 |
140.8 |
144.0 |
147.4 |
150.8 |
154.3 |
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% change per annum |
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7.0 |
4.2 |
2.1 |
2.2 |
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1.5 |
1.9 |
2.3 |
2.2 |
2.1 |
2.2 |
2.3 |
2.3 |
2.3 |
2.3 |
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a/ Commodity price projections as of March
23, 2011. |
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b/ The World Bank energy index is comprised
of crude oil 84.6 percent, natural gas 10.8 and coal 4.7. |
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c/ The primary commodity price indices are
computed based on 2002-04 export values in US dollars for low- and
middle-income |
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economies, rebased to 2000=100. Weights for the sub-group indices expressed
as ratios to the non-energy index are as follows |
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in percent: agriculture 64.8, fertilizers 3.6, metals
and minerals 31.6; beverages 8.4, food 40.0, raw materials 16.5; fats and
oils 16.5, |
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grains 11.2, other food 12.4; timber
8.6 and other raw mterials 7.9 |
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d/ Base metals plus iron ore. |
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e/ Includes aluminum, copper, lead, nickel,
tin and zinc. |
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f/ Computed from unrounded data and deflated
by the MUV index. |
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g/ Inflation indices for 2009-2020 are
projections as of November 8, 2010.
Growth rates for years 1980, 1990, 2000 and 2010 refer to |
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compound annual rate of change between
adjacent end-point years; all others are annual growth rates from the
previous year. |
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h/ Unit value index of global manufacture
exports in US dollar terms. |
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Source:
World Bank, Development Prospects Group. Historical US GDP deflator: US
Department of Commerce. |
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April
25, 2011 |
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