Manufactures Unit Value Index

A proxy for the price of developing country imports of manufactures in U.S. dollar terms, used to assess cost escalation for imported goods. Update twice a year, the index is a weighted average of export prices of manufactured goods for the G-5 economies, with local-currency based prices converted into current U.S. dollars using market exchange rates. Contains historical data from 1960 through 2007 and projections through 2020.