Where Data Tells the Story
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The "Manufactures Unit Value Index" (MUV) tracks the unit value of manufactured goods exported by fifteen major countries from 1960 to 2024.
During the 1970s, surging oil and commodity prices significantly increased manufactured product prices, a trend that continued into the early 1980s. In contrast, the commodity price surge of the 2000s had a milder effect on manufactured goods prices, largely due to China's emergence as a low-cost manufacturing powerhouse and global productivity gains.
Key events influencing the index are highlighted:
The MUV reflects major shifts in global trade dynamics, economic developments, and commodity price trends over more than six decades.