Policy analysis featureThe World Economy at the Beginning of 1998
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Policy analysis feature The World Economy at the Beginning of 1998
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| Food | Tropical beverage | Vegetable oil-seeds and oils | Agricultural raw materials | Minerals and metals |
Combined index |
Manufactured export pricesb | Real prices of commoditiesc | Memo item: crude petroleumd | |||
| Dollar | SDR | ||||||||||
| 1980 | 65.5 | -6.3 | -13.3 | 10.6 | 11.6 | 27.6 | 27.6 | 11.1 | 14.9 | 21.5 | |
| 1981 | -20.0 | -17.8 | -4.3 | -12.5 | -16.0 | -17.0 | -9.0 | -6.0 | -11.7 | -3.5 | |
| 1982 | -31.8 | -5.2 | -19.6 | -13.4 | -13.2 | -21.8 | -16.4 | -2.1 | -20.1 | -7.2 | |
| 1983 | 5.3 | 4.3 | 18.9 | 6.8 | 7.6 | 6.3 | 9.8 | -3.3 | 9.9 | -10.3 | |
| 1984 | -15.9 | 14.6 | 34.6 | 0.9 | -7.1 | -3.4 | 0.0 | -3.4 | -0.0 | -2.9 | |
| 1985 | -13.8 | -9.1 | -30.6 | -9.9 | -4.8 | -12.3 | -10.7 | 0.0 | -12.3 | -4.2 | |
| 1986 | 10.0 | 24.0 | -38.0 | 2.0 | -5.0 | 4.0 | -10.0 | 19.8 | -13.2 | -49.9 | |
| 1987 | 6.4 | -34.7 | 17.7 | 16.7 | 18.9 | 2.9 | -6.7 | 12.6 | -8.7 | 31.0 | |
| 1988 | 29.9 | 1.2 | 31.5 | 8.4 | 45.1 | 26.2 | 21.4 | 8.2 | 16.6 | -19.7 | |
| 1989 | 5.9 | -14.6 | -11.5 | 0.0 | 0.0 | 0.0 | 4.9 | -1.1 | 1.1 | 21.6 | |
| 1990 | -6.2 | -11.4 | -12.9 | 4.7 | -9.8 | -5.9 | -11.2 | 9.9 | -14.4 | 28.6 | |
| 1991 | -6.6 | -8.1 | 8.1 | -0.7 | -9.5 | -6.3 | -7.4 | 0.0 | -6.3 | -16.4 | |
| 1992 | -2.1 | -14.0 | 7.5 | -3.7 | -3.7 | -3.4 | -5.7 | 3.0 | -6.2 | -1.0 | |
| 1993 | 0.7 | 6.1 | 0.0 | -6.2 | -14.7 | -3.5 | -2.4 | -5.8 | 2.5 | -11.4 | |
| 1994 | 10.1 | 75.0 | 24.4 | 15.7 | 13.6 | 18.0 | 14.8 | 2.1 | 15.6 | -4.9 | |
| 1995 | 5.9 | 1.1 | 10.3 | 15.0 | 20.0 | 9.9 | 3.2 | 9.1 | 0.8 | 8.8 | |
| 1996 | 6.8 | -15.2 | -4.2 | -9.9 | -12.7 | -4.2 | 1.0 | -1.9 | -2.4 | 20.1 | |
| 1997 e/ | -5.3 | 34.7 | -2.2 | -9.7 | 1.6 | -0.7 | 3.6 | -6.6 | 6.3 | -2.2 | |
| 1996 | I | 13.3 | -22.6 | -7.2 | -9.6 | -8.1 | -1.6 | 2.7 | 0.9 | -2.5 | 8.2 |
| II | 14.4 | -18.2 | 1.2 | -14.3 | -7.3 | -0.7 | 7.2 | -3.6 | 3.0 | 7.7 | |
| III | 4.5 | -14.3 | -4.8 | -6.4 | -20.3 | -6.0 | -1.4 | -3.6 | -2.5 | 27.1 | |
| IV | -3.6 | -5.5 | -7.0 | -10.0 | -15.0 | -7.5 | -4.5 | -4.5 | -3.1 | 37.8 | |
| 1997 | I | -3.9 | 19.9 | 4.2 | -9.3 | -3.1 | -2.3 | 0.0 | -6.5 | 4.5 | 12.7 |
| II | -5.6 | 47.3 | -3.7 | -8.7 | 0.5 | 0.5 | 5.4 | -5.7 | 6.5 | -6.9 | |
| III | -6.4 | 36.6 | -6.9 | -11.1 | 8.2 | -0.2 | 5.6 | -7.5 | 7.9 | -11.2 | |
Sources: Data of UNCTAD, Monthly Commodity Price Bulletin, United Nations, Monthly Bulletin of Statistics, and OPEC Statistical Bulletin.
a For quarterly data, quarter shown is compared to same quarter of previous year.
b Index of developed countries manufactured export prices (1980 base year until 1987 and 1990 base year thereafter).
c Combined index of dollar commodity prices deflated by manufactured export price index.
d OPEC basket of 7 crude oils.
e Three quarters only.
Copyright © United Nations
29 December 1997