2010 | 2011 | 2012 | 2013 | 2014 | 2015 | |
Economic growth (%) | ||||||
US GDP | 2.8 | 2.9 | 2.5 | 2.6 | 2.6 | 2.7 |
OECD GDP | 2.9 | 2.4 | 2.3 | 2.4 | 2.4 | 2.2 |
World GDP | 3.8 | 3.2 | 3.1 | 3.2 | 3.1 | 3.2 |
World trade | 12.5 | 6.9 | 6.4 | 6.5 | 6.6 | 6.1 |
Inflation indicators (%) | ||||||
US CPI | 1.6 | 2.1 | 1.9 | 2.5 | 2.8 | 2.8 |
OECD CPI | 1.4 | 1.8 | 1.6 | 2.0 | 2.1 | 2.3 |
Manufactures (measured in US$) | 3.4 | 3.1 | 0.0 | 1.0 | 1.8 | 2.4 |
Oil (Brent; US$/b) | 79.6 | 101.0 | 85.0 | 78.3 | 75.5 | 76.0 |
Non-oil commodities (measured in US$) | 24.3 | 27.9 | -11.1 | -5.7 | -2.5 | -0.3 |
Financial variables | ||||||
US$ 3-month commercial paper rate (av; %) | 0.3 | 0.3 | 0.7 | 2.2 | 4.1 | 5.1 |
¥ 3-month money market rate (av; %) | 0.2 | 0.3 | 0.6 | 1.4 | 2.0 | 2.3 |
Exchange rate ¥:US$ (av) | 87.9 | 81.5 | 81.0 | 81.0 | 82.1 | 83.5 |
Exchange rate M$:US$ (av) | 3.22 | 3.00 | 2.91 | 2.88 | 2.83 | 2.78 |
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