The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 1 World economy, commodity prices and consumer prices (%, y-on-y).
From: The effects of external shocks on the Korean economy: CGE model-based analysis
| Â | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
|---|---|---|---|---|---|---|
World economy | ||||||
 World | 3.5 | 3.3 | 3.4 | 3.2 | 3.1 | 3.4 |
 Advanced | 1.2 | 1.2 | 1.9 | 2.1 | 1.6 | 1.8 |
 Emerging | 5.3 | 5.0 | 4.6 | 4.0 | 4.2 | 4.6 |
 China | 7.9 | 7.8 | 7.3 | 6.9 | 6.6 | 6.2 |
Commodity prices | ||||||
 Oil | 1.0 | − 0.9 | − 7.5 | − 47.2 | − 15.4 | 17.9 |
 Nonfuel | − 10.0 | − 1.4 | − 4.0 | − 17.5 | − 2.7 | 0.9 |
Consumer prices | ||||||
 Advanced | 2.0 | 1.4 | 1.4 | 0.3 | 0.8 | 1.7 |
 Emerging | 5.8 | 5.5 | 4.7 | 4.7 | 4.5 | 4.4 |