ECONOMIC INTELLIGENCE WEEKLY REVIEW

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80T00702A000800020004-7
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 27
• Document Creation Date: December 15, 2016
• Document Release Date: July 21, 2004
• Sequence Number: 4
• Publication Date: August 24, 1978
• Content Type: REPORT

Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
Next 25 Page(s) In Document Exempt
Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
 Secret
Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
 g8n~ed For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
Assessment
Center
Economic Indicators
Weekly Review
24 August 1978
ER EI 78-034
24 August 1978
Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
This publication is prepared for the use of U.S. Government
officials. The foirrmat, coverage and contents of the publication are
designed to meet the specific requirements of those users. U.S.
Government officials may obtain additional copies of this document
directly or through liaison channels from the Central Intelligence
Agency
Nun-U.S. Government users may obtain this along with similar
CIA publications on a subscription basis by addressing inquiries to:
Document Expediting (DOCEX) Project
Exchange and Gift Division
Library of Congress
Washington, D.C. 20540
Non-U.S. Government users not interested in the DOCEX
Project subscription service may purchase reproductions of specific
publications on an individual basis from:
Photoduplication Service
Library of Congress
Washington, D.C. 20540
Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
1. The Economic Indicators Weekly Review provides up-to-date information
on changes in the domestic and external economic activities of the major non-
Communist developed countries. To the extent possible, the Economic Indicators
Weekly Review is updated from press ticker and Embassy reporting, so that the
results are made available to the reader weeks-or sometimes months-before receipt
of official statistical publications. US data are provided by US government agencies.
2. Source notes for the Economic Indicators Weekly Review are revised every
few months. The most recent date of publication of source notes is 16 February 1978.
Comments and queries regarding the Economic Indicators Weekly Review are
welcomed.
Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
 BIG SIX 8 3 ATORS
INDEX: 1970=100, seasonally adjusted
Ser~Tiq~er hmiC Scale ;
Unemployment Rate
1973 Approvejjfp4Release 20141$-828 : CIA-RQMqV0702AOOOgLOff40004-7 1978
lincluding Japan, West Germany, France, the United Kingdom, Italy, and Canada. A-2
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
Industrial
Production
Big Six
United States
Consumer Prices
Big Six
United States
LATEST
from }treviou's
1 Year
3 Months
MONTH
Month
i97O
Earlier
Earlier'a
APR 78
0.6
3.0
3.0
4.2
APR 78
1.5
3.7
5 1
5.2
9.2
6.2
7.2
6.7
7.4
107
Percent, seasonally adjusted, annual rate
Big FIvf
UnitedlStates
MAY 78 4.4
MAY 78 6.1
4.2 4-3
'I f 1
MILLION CUM aATIVE "(MILLION 1)S 9 )
US $ 1975 1ft7 i a} ge
MAY 78 3,650 21,926 10,873 11,453
MAY 78 -2,238 -14,771 -8,2at 1.4
Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
2Average for latest 3 months compared with average for previous 3 months, seasonally adjusted at annual rate.
Billion US $, f.o.b., seasfgaily adjusted
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
INDUSTRIAL PRODUCTION INDEX: 1970=100, seasonally adjusted
United States
West Germany
JAN APR JUL 05%%`1 "roVA&d i rr F~?led 6'b4/ / T &A-FlupabT0"020offso0ft0om- ?'N
1973 1974 1975 1976 1977
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
United States
Japan
West Germany
France
LATEST
MONTH
JUN 78
JUN 78
JUN 78
MAY 78
04
Percent
Change
AVERAGE ANNUAL
GROWTH RATE SIN+.E
LATEST
from
Previous
1 Year
3 Months
Previous
1 Year
3 Months
l
MONTH
Month
1970
E:arl,er
t e, lie,
Month
1970
Earlier
Earlier
0.3
3.7
4.7
12.2 i
t?lrtitle? Kingdom
k' 4Y''8
-2.0
0.6
0.3
SUN 78
-1.0
3.1
4 r
-0.6
3.9
4.7
6.5
Italy *..
APR 78
-0.2
3.8
t- f
'..
0.9
1 9
0
-3.4
Canal?
-3.1
3.1
3.3
13.4
: i
Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
lAverage for latest 3 months compared with average for previous 3 months.
A-5
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
UNEMPLOYMENT RATE
United States
Japan
West Germany
1974
2.3
APR JUL OCT JAN
1976
1977 1978
Approved For Release 2004/07/28- CIA-RDP80T00702A000800020004-7
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
Italy (quarterly)
A labor force survey based on new definitions of economic activity sharply raised the official estimate of Italian unemployment In first quarter 1977. Data for earlier periods thus are not comparable
Italian data are not seasonally adjusted.
THOUSANDS OF PERSONS UNEMPLOYED
LATEST MONTH
1 Year
Earlier
3 Months
Earlier
1 Year
Earlier
3 on s
Earlier
United States
JIJL 78
6,193
6,719
5,983
UnLed Kingdom
JUL 78
1,371
1,402
1,387
Japan
MAY 78
1,270
1,140
1,160 t
?ItHIt _
11 78
1,455
1,432
1,920
West Germany
JUL 78
991
1,049
990
Caftada...
JUL 78
927
ebb
835
France
JUL 78
1,241
1,140
1,087
f"
NOTE: Data are seasonally adjusted. Unemployment rates for France are estimated. The rates shown for Japan and Canada are
roughly comparable to US rates. For 1975-78, the rates for France and the United Kingdom should be increased by 5 percent and
15 percent respectively, and those for West Germany decreased by 20 percent to be roughly comparable with US rates. Beginning in
1977, Italian rates should be decreased by 50 percent to be roughly comparable to US rates.
th
M
Approved For Release 2004/07/28 : &AA-RDP80T00702A000800020004-7
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
CONSUMER PRICE INFLATION Percent, seasonally adjusted,
5 2.9 Average AnnuajRate t l.rflati n 19 1-1272
West Germany
15
-10
1973 1974 1975 1976 1977
'Three-month average compared ?trhh-809at'F P lease 2004/07/28 : CIA-RDP80T00702A000800020004-7
HIS. 1~. r A-8
JUL
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
United Kingdom
4.2
Percent
Change
from
LATEST Previous
MONTH Month
AVERAGE ANNUAL
GROWTH RATE SINCE
1970 1 Year 3 Months
Earlier Earlier2
United States JUN 78 0.9 6.7 /.4 10.7 } Vrtite Kingdom
Japan JUN 78 0.3 9.6 3.5 6.1 Italy.
West Germany JUN 78 0.1 5.2 2.4 2.2
JUN78 0.9 9+i 9.0 11.4
Percent
Change
AVERAGE ANNtUAE
GROWTH RATE SINCE
LATEST
from
Previous
1970
1 Year
3 Months
MONTH
Month
Earlier
Carller2
_IN 78
0.8
131
7.4
S.2
IN 76
1.2
13.1
122
2.4
UN 78
0.8
7.7
5.3
ri.e
Approved For Release 2004/07/?A89 CIA-RDP80T00702A000800020004-7
 GNP' Approved For Release 2004/07/28:
IA 02A000800020004-7
Constant Market Prices
Constant Prices
Avrager
Average
-4isvuol Gvowlh Rgte Since
Annual Growth Rate Since
Pe
rcent Change - - -- -
Percent Change
Latest from Previous I Year Previous
Latest
from Previous
1 Year
3 Months
Quarter
Quarter 970 Earlier Quarter
Month
month
1970
Eager
Earlier s
United States 78 11
1.8 3.2 4.0 7.4
United States
May 78
-0.9
3.1
1.9
5.5
Japan 78 1
2.4 5.5 5.7 10.0
Japan
Apr 78
4.0
9.9
4.3
24.8
West Germany 78 I
0.1 2.4 1.1 0.4
West Germany
May 78
-0.8
2.3
0
-5.3
France 78 1
1.8 4.1 1.4 7.4
France
Jan 78
9.9
0
1.0
10.5
United Kingdom 77 IV
-0.5 1.6 - 1.1 -1.9
United Kingdom
Jul 78
1.7
1.4
5.4
9.0
Italy 78 I
2.0 L9 -6.2 8.2
Italy
Mar 78
3.6
3.2
5.5
21.1
Canada 78 1
0.7 4.7 2.$ 2.7
Canada
'Season* 'Cq` 1ed
May 78
1.0
4.1
3.5
2.2
en'd'
?
' Average far latest 3
.
months compared with average for previous 3 months.
FIXED INVESTMENT '
WAGES IN MANUFACTURING'
Nonresidential; constant
prices
Average
Annual Growth Rate Since
Aver
Percent Charge
Annual Growth Rate Since
Latest
from Previous
I Year
3 Months
P
ercent Change -- ---- -
Period
Period
1970
Earlier
Earlier'
Latest
from Previous 1 Year Previous
Quarter
Quarter 1970 Earle, Qu rt.r
United States
Jun 78
0.5
7.6
7.6
7.2
United States 78 11
3.6 3.0 7.4 15.1
Japan
Apr 78
0.3
16.1
8.2
10.3
Japan 78 1
0.9 1.1 -0.4 3.6
West Germany
78 I
0.9
8.9
4.3
3.9
West Germany 78 1
-0.5 0.7 1.6 -2.1
France
77 IV
3.1
14.1
12.0
12.9
France 77 IV
0.8 4.0 4.7 3.3
United Kingdom
May 78
0.5
16.4
20.6
54.9
United Kingdom 78 1
1.3 1.6 9.7 5.2
Italy
May 78
3.5
20.4
15.5
13.6
Italy 78 1
2.3 1.1 -19.6 9.4
Canada
May 78
0.9
10.9
7.1
6.2
Canada 78 1
-3.7 4,8 -12.71 -14.1
'Hourly warninos (seosonally adhustd)
for the United States, Japan, and Canada;
hourly wage
c td.
raps for others. West German and French data rota
to the beginning of the quarter.
Average far latest 3
months congaed with that for previous
3 months.
MONEY MARKET RATES
Perrcnt Rate of Interest
1 Year
3 Months
1 Month
R.pnwMatve rates
Latest Dote
Earlier
Earlier
Earlier
United States
Comma vial paper
Aug 16 7.76
5.75
7.14
7.88
Japan
Call money
Aug 18 4.25
5.75
4.12
4.38
West Germany
Interbankr loans (3 months)
Aug 16 3.59
4.10
3.60
3.76
France
Cap money
Aug 18 7.38
8.56
7.75
7.63
United Kingdom
Sterling -nterbank loans (3 months)
Aug 16 9.33
6.75
9.55
10.04
Canada
Finance, paper
Aug 16 8.74
7.38
8.00
8.24
Eurodollars
Three-r9onth deposits
Aug 16 8.33
6.38
7.86
8.58
Approved For Release 2004/07/28 : CIA-RDP80T0070ZAUUUk5UUUZU0U4-i
A-10
 EXPORT PRICES Approved For Release 2004/071
28 E)F&F,[W 00702A000800020004-7
US $
National Currency
Average
Average
Actual Growth Rata
Sinn
Annual Growth Rate Since
Percent Charge
-
-
11woent Change
La W from Previous
1 Year 3 Months
Latest from Previous
1 Y. 3 Months
Month month
1970 Smiler
Smiler
Month month
1970 Erbr E-5
United States
May 78 0.4
9.4 5.0
8.3
United States May 78 0.4
9.4 5.0 8.3
Japan
Jul 78 1.2
11.7 27.0
39.1
Japan Jul 78 -5.8
3.8 4.3 82
West Germany
May 78 -1.8
11.4 10.6
-6.7
West Germany May 78 1.2
3.8 -1.2 -0.6
France
Apr 78 3.4
12.1 17.9
36.2
Frame Apr 78 0.9
9.4 8.9 21.0
United Kingdom
Jul 78 3.7
11.8 20.4
23.8
United Kingdom Jul 78 0.5
15.1 9.4 11.3
Italy
Apr 78 -0.6
10.9 9.6
6.7
Italy Apr 78 -0.6
15.4 5.7 - 1.6
Canada
Apr 78 -0.2
8.3 -1.2
-13.6
Canada Apr 78 1.2
9.5 7.3 -0.2
IMPORT PRICES
OFFICIAL RESERVES
National Currency
Average
Bllion us S
Actual Growth Rate, Since
Lamesi Month
Prnnt Change
1 Yeer 3 Months
Latesf from Previous
I Year
3 Months
End of Bilion US S Jun 1970 EarBr Earlter
Month month
1970 EarNr
Fenger
United States Jun 78 18.9
14.5 19.2 19.2
United States
May 78 -0.3
12.8 5.4
6.8
Japan Jul 78 29.3
4.1 17.6 2T.5
Japan
Jul 78 -6.6
5.8 -20.9
-22.7
West Germany Jun 78 40.7
8.8 34.3 42.2
West Germany
May 78 1.5
3.3 -4.4
0.9
France Apr 78 10.6
4.4 10.0 0.1
France
Apr 78 -2.2
9.3 0.2
-1.6
United Kingdom may 78 17.3
2.8 10.0 21.4
United Kingdom
Jul 78 0.1
17.4 1.8
8.2
Italy Jun 78 13.2
4.7 9.7 10.6
Italy
Apr 78 -0.7
18.9 4.7
-8.3
Canada Jun 78 4.7
9.1 5.1 4.0
Canada
Apr 78 1.5
8.9 10.6
-2.1
CURRENT ACCOUNT BALANCE '
BASIC BALANCE'
Current Account and Long-Term Capital Transactions
Ctowlariw (Mallon U
S s)
Cumulative (Millon US 31
Latest
Lath
_-. - - - - -
Period Milan US $ 1
978 1977
Change
Pried Milan US S
1978 1977 Change
United States'
78 I -6,954 -6,954 -4,158
-2,796
United States No longer published'
Japan
Jul 78 2,050 1
0,879 4,630
6,249
Japan Jul 78 650
6,231 31513 2,718
West Germany
May 78 323
2,665 1,946
720
West Germany May 78 -722
2,532 -543 3.075
France
78 1 0
0 -2
2
France 78 I -1
-1 -2 1
United Kingdom
78 1 -803
-803 -896
94
United Kingdom 78 1 - 326
-326 543 I - 869
Italy
77 111 2,390 N.A. N.A.
N.A.
Italy 77 III 2,520
N.A. N.A. 11 N.A.
Canada
78 I -1,273 -1,273-1484
212
Canada 78 1 -668
-668 -5841 -84
r Convrted to US dohs at t e anent market rates of exdhange.
Converted to US dolars at the current market rates of exchange.
' As ncoi wo dsd by the Advbory Committee on tin
Presentation of Balance, of Prrynrenrs
Seararalr occluded.
Statistic, the Deparlntent of CSnatrce no longer publlshss a basic balance.
TRADE-WEIGHTED EXCHANGE
RATES '
EXCHANGE RATES
As of 18 Aug 78
Spot Rate
Percent Charge from
Paco nt Change from
_--
As of 18 Aug 78
US $
1 Year 3 Months
1 You
3 Months
Pr Unit 19 Mar 73
Earlier Earlier
11 Aug 78
19 Mr 73 Earley
Earir 11 Aug 7B
Japan (yen)
0.0054 41.34
43.14 21.72
0.47
United States -4.49 -10.10
-6.11 -0.13
West Germany
0.5038 42.27
17.30 6.82
-0.91
Japan 44.81 38.30
19.27 0.38
(Deutsche mark)
West Germany 30.28 3.95
-0.14 -1.24
France (franc)
0.2318 5.18
13.87 8.07
-0.34
France -7.76 -0.09
1.16 -0.35
United Kingdom
1.9850 -19.34
14.22 9.55
1.07
United Kingdom -27.92 2.75
2.88 0.34
(pound sterling)
Italy -42.58 -6.52
-1.61 0.58
Italy (lira)
0.0012 -31.92
6.45 5.06
0.42
Canada -13.58 -9. 17
-4.18 -0.34
Canada (dollar)
0.8783 -11.97
-5.44 -1.92
-0.22
' Weighting 's basal an each listed country's trade with 16 other industrkized co-trier
Approved For Release 2004/07/
cr54"R~if~t9'r~2~Ofl~~b"~ ear curresncfes
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
Developed Countries: Direction of Trade'
Exports tc' (f.o.b.)
UNITED STATES
1975 .........................
1976 ..........................
1977 ..........................
1978
1st Qtr ................
JAPAN
1975 ...........................
1977 ..........................
1978
1st Qtr ................
WEST GERMANY
1975 ..........................
1976 ..........................
1977 ..........................
1978
Jan 8 Feb ............
FRANCE
1975 ..........................
1976 ..........................
1977 ..........................
1978
1st Qtr ................
UNITED KINGDOM
1975 ....... .............
1976 ....... ............
1977 ..........................
1978
1st Qtr ................
ITALY
1975 ..........................
1976 ..........................
1977 ..........................
4th Qtr ................
CANADA
1975 ..........................
1976 ..........................
4th Qtr ................
'Pig Other
World Seven OECC'
107,65 146.94 16.2,5
115,01 51.30 17.68
120,17 {53.92 18.53
Com-
OPEC munist Other
10.77 3.37 29.83
12.57 3.64 29.44
14.02 2.72 30.98
30,94 13.65 4.6(1 3.76 1.00 7.93
55,73 116.56 6.07 8.42 5.14 15.87
6732 22.61 8.5S' 9.27 4.93 17.84
81,11 28.02 9.7. 12.03 5.32 26.01
22.11 2.35' 3.35 1.32 7.4
91,70
103,63
119,28
X28.33 36.44 6.78 8.81 11.05
33.44 41.84 8.25 8.72 11.04
39.01 48.19 10.78 8.59 12.90
20,35 /.03 8.12 1.75 1.29 2.16
52.87 ?0.00 15,50 4.90 3.13 8.61.
57,05 p2.49 16.15 5.08 3.23 8.75
65.00 25.90 18.19 5.97 3.00 11.94
18.49 7.66 5.07 1.57 0.66 3.53
44.03 12.55 16.59 4.55 1.56 8.64
46.12 14.03 17.53 5,13 1.39 7.92
57.44 16.99 22.56 6.78 1.63 9.48
16,06 5.09 6.27 2.03 0.55 2.92
34,82 15.61 7.86 3.72 2.46 4.67
36.?6 17.41 8.69 4.23 2.18 3.96
45.94 20.92 10.20 5.85 2.45 5.62
12.84 6.02 2.78 1.67 0.69 1.68
33.94 26.30 1.73 0.71
40.18 12.01 2.03 0.81
42.98 ,44.77 2.13 0.94
11,04 9.05 0.52 0.24
1 Source; International Monetary Fundy, Direction of Trade.
1.20 2.09
1.25 2.09
1.06 4.08,
0.26 0.97
Big
Other
Com-
World
Seven
OECD
OPEC
munist
Other
103.42
49.81
8.83
18.70
0.98
25.08
129.57
60.39
9.75
27.17
1.16
31.09
156.70
70.48
11.08
35.45
1.22
38.47
57.85
16.93
6.08
19.40
3.36
12.05
64.89
17.58
7.78
21.88
2.91
14.72
71.33
18.87
7.93
24.33
3.41
16.79
76.28
27.09
27.78
8.24
4.87
8.21
89.68
31.28
32.64
9.73
5.93
10.01
102.63
36.38
37.37
10.12
6.14
12.62
53.99
23.04
14.33
9.43
1.94
5.21
64.38
27.81
16.93
11.36
2.24
6.01
70.50
30.28
18.24
11.82
2.46
7.70
53.35
18.47
18.52
6.91
1.68
7.67
55.56
19.66
18.81
7.29
2.08
7.65
63.29
24.02
21.34
6.31
2.40
9.22
38.36
17.32
6.75
7.85
2.09
4.34
43.42
19.35
8.04
8.12
2.65
5.24
47.56
20.80
8.67
9.03
2.80
6.26
13.15
5.90
2.49
2.25
0.83
1.68
38.59
29.78
1.70
3.43
0.32
2.02
43.05
33.55
1.82
3.48
0.38
2.56
44.67
35.67
1.77
3.05
0.33
3.85
11.09
8.94
0.44
0.67
0.07
0.97
Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
Developed Countries: Direction of Trade
(Continued)
Exports to (f.o.b.)
1
1 Imports from (c.i.f.)
CANADA
World
Big
Seven
Other
OECD
OPEC
Com-
munist
Qther
World
Btg
Seen
Other
OECD
OPEC
Com-
munist
Othe:
02
2
1975
.........................
33.84
26.30 '
1.73
0.71
1.20
2.00
38.59
29.78
1.70
3.43
0.32
.
1976
.........................
40.18
32.01
2.03
0.81
1.25
2.09
43.05
33.55
1.82
3.48
0.38
2.55
1977
........................
42.98
34.77
2.13
0.94
1.06
4.08
44.67
33.67
1.77
3.05
0.33
9
3.85
94
0
1st Qtr ................
10.35
8.37
0.53
0.23
0.22
1.00
10.92
B.64
0.43
0.82
0.0
.
2d Qtr ................
11.34
9.23
0.54
0.24
0.29
1.04
12.28
9.92
0.47
0.74
0.10
1.05
3d Qtr ................
10.25
8.12
0.54
0.23
0.29
1.07
10.38
B.17
0.43
0.82
0.07
0.89
4th Qtr ...........
11.04
9.05
0.52
0.24
0.26
0.97
11.09
B.94
0.44
0.67
0.07
0.97
' Source: International Monetary Fund, Direction of Trade.
Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
A-13
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
FOREIGN TRADE BILLION US $, f.o.b., seasonally adjusted
United States
14.0
12.0
Japan
2.0
JAW APR JUL "?OCT
1973
APR JUL OCT JAN
1974
Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
A-14
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
JAN APR JUL OCT JAN APR JUL. OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT
1978
CUMULATIVE (MILLION US $)
1975
CUMULATIVE (MILLION US $)
LATEST
MONTHI
MILLION
US $ 1978
1977
CHANGE
JUN 78
12,126
66,363
60.257
10.1%
13,723
82,731
71,782
15.370
Balance
-1,597
-16,368
-11,524
4,844
JUN 78
7,700
54,344
45,157
20.3%
5,556
37.967
35.555
6.8%
Balance
2,953
14,790
8,540
6,250
10
313
55
032
46
735
17
8%
West Germany
MAY 78
,
8.522
,
45,808
,
38,606
.
18.7%
Balance
1,791
9,224
8,128
1,096
5,316
37,327
31,159
19.8%
JUN 78
8,21
37180
32T828
13.3
Balance
100
147
-1,670
1,817
LATEST MILLION
MONTH US $ 1978 1977 CHANGE
1 United
, e
L Italy
ingdom JUN 78
Balance
JUN 78
Balance
MAY 78
Balance
5,770 38,169 31,289 2E.0%
6,055 39,807 34,595 15.1%
-195 -1,349 -2,884 1.536
4,468 24,806 21,545 1"1%
3,517 22,832 22,136 31%
3,621 18,983 17.435 39%
3,401 17,447 16,713 -4 .4%
219 1,536 722 814
Approved For Release 2004/07/2R_ 15
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
FOREIGN TRADE PRICES IN US $1
Japan
West Germany
1kgFAved For Re ?Se52004/07/28J: %-fA'dRDP80T00ca(f008000200*9778
IExport and import plots are based on five-month weighted moving averages.
A-16
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT
JAN APR JUL OCT JAN APR JUL OCT
197fiiproved FoillRd-lAse 2004/0*f$7.tlA-RDP801&f(72A0008000h?~, 77 }
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
SELECTED DEVELOPING COUNTRIES
-
MONEY SUPPLY
INDUSTRIAL
PRODUCTION
A?roe.
Avaams
Annud Growth Rah Sin.
ilntwd Growth Rot. Si..
Pam Chaps
-
Percent Gaps
---- ---
--- -
Lahr
from Prs`fous
1 Year
3 Months
Latest
from Pre 4ow
1 Yom
3 Months
Month
Month
1970
Ear? er
Eater =
Period
Period
ipro Fortis
Earle r,
Brazil
Mar 78
2.7
36.4
43.3
34.7
India
Mar 78
1.1
4,9 0.8
17.8
India
Feb 78
-0.6
13.7
16.0
20.4
South Korea
Jun 78
-1.2
22.5 20.1
26.5
Iran
Mar 78
9.9
29.3
22.5
51.7
Mexico
Mar 78
-- 5,1
5.1 3.4
-2.0
South Korea
May 78
1.3
31.2
30.7
23.7
Nigeria
78 I
6.8
11.0 0.2
29.9
Mexico
Apr 78
1.2
20.4
30.8
28.9
Taiwan
Apr 78
1.5
1,5.3 17.4
- 2.0
Nigeria
Dec 77
-5.2
35.4
38.1
34.0
Sgawty oa~ah
d.
Taiwan
Mar 78
5.3
25.2
31.0
24.3
'Average for latest 3 months compared with average
for previous 3 mar
ks.
Thailand
Jan 78
2.7
13.2
13.7
21.5
~
'Avataee for latest 3 months oaryaed with average for previous 3 moMM.
CONSUMER
PRICES
WHOLESALE
PRICES
Averag.
'... Amud Growth
Rah Sin.
Average
scent Ch?Q*-
An,ud Growth
Rah Since
Latest
from Previous
1 year
Pant Clmrpt
1..._
Month
Month
1970
EarNer
Latest
from proviso
1 Year
Brazil
Jun 78
4.1
28.3
38.0
Month
Month
1970
Em iv
India
Mar 78
0.3
7.5
2.9
Brazil
May 78
3.4
28.4
34.5
Iran
May 78
-0.4
12.4
12.0
India
May 78
0.6
8.0
-2.8
South Korea
Jul 78
1.4
14.6
14.7
Iran
May 78
0.4
11.0
10.9
Mexico
May 78
1.0
15.0
17.2
South Korea
Jul 78
0.4
15.8
11.7
Nigeria
Dec 77
3.2
16.6
31.0
Mexico
May 78
2.5
16.5
16.3
Taiwan
Apr 78
1.8
10.1
7.6
Taiwan
Mar 78
1.1
8.2
1.2
Thailand
Apr 78
1.0
8.6
8.8
Thailand
Jan 78
-0.2
9.5
6.4
EXPORT PRICES
OFFICIAL RESERVES
u$$
Avercpr
mom US S
Anstal Growth Pate Spice
Laest
Month
percent Chap
s - --
------
1 Year
3 Months
Latest
from, hwiaa
1 Yea
End of
Miles US $ Jun 1970
Eartw
Eorher
Month
month
1970
EarE r
Brazil
Feb 78
6,733
1,013
5,878
5,994
Brazil
Feb 78
0.4
14.0
1.5
India
Apr 78
6,064
1,006
4,134
5,411
India
Mar 77
-0.9
9.6
17.9
Iran
Jun 78
12,068
208
11,025
12,483
Iran
Jun 78
0
30.8
0
South Korea
May 78
4,101
602
3,519
4,376
South Korea
78 I
0.7
8.7
7.7
Mexico
Mar 78
1,766
695
1,422
1,723
Nigeria
May 76
-0.1
27.3
12.3
Nigeria
Jun 78
2,387
148
4,663
3,906
Taiwan
Mar 78
-0J
11.2
3.8
Taiwan
Mar 78
1,433
531
1,349
1,447
Thailand
Dec 76
2.0
13.3
13.1
Thailand
Jun 78
2,161
978
2,017
2,161
Approved For Release 2004/07/23;i9lA-RDP80T00702A000800020004-7
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
FOREIGN TRADE, f.o.b.
Latest 3 Months
Psrcsnt Chong. from
3 Months 1 Year - --
Latat hrlod Ear3er' Eorier 1978 1977 Chang.
May
78
Exports
84.8
-3.7
4,743
4,979
-4.7%
May
78
Imports
26.6
1.4
5,110
4,939
3.5%
May
78
Balance
-367
40
-407
Feb 78
Exports
4.0
12.3
912
917
-0.496
Feb' 78
Imports
-39.6
- 0.2
845
916
-7.7%
Feb
78
Balance
67
1
66
Iran
Apr 78
Exports
-34.0
-8.2
7,615
8,012
-4.9%
Mar 78
Imports
105.8
14.2
3,694
3,235
14.2%
Mar
78
Balance
1,991
2,795
-804
South Korea
May
78
Exports
14.2
29.3
4,651
3,630
28.1%
May
78
Imports
64.3
25.1
4,994
3,905
27.9%
May
78
Balance
-343
-275
- 68
Mexico
Apr
78
Exports
-21.1
-3.1
1,576
1,458
8.10/0
Apr
78
Imports
-47.9
16.2
1,809
1,492
21.2%
Apr
78
Balance
-233
- 34
- 199
Nigeria
Apr
78
Exports
-55.4
-29.9
1,143
1,597
- 28.4%
Aug
77
Imports
56.1
80.1
2,535
1,640
54.6%
Aug
77
Balance
716
979
-263
Taiwan
Apr
78
Exports
-27.6
32.3
3,365
2,543
32.3%
Apr
78
Imports
- 14.5
20.4
2,869
2,338
22.7%
Apr
78
Balance
496
205
291
Thailand
Apr
78
Exports
27.0
3.2
1,277
1,221
4.6%
Apr
78
Imports
-6.5
14.3
1,449
1,251
15.8%
Apr
78
Balance
-172
-30
- 141
Approved For Release 2004/07/2t-19CIA-RDP80T00702A000800020004-7
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
AGRICULTURAL PRICES MONTHLY AVERAGE CASH PRICE
16 AUG 3.12
9 AUG 3.06
JUL 78 3.13
AUG 77 2.30
!3.06;
'100
-- 50
RICE
37.5 $ PER HUNDRED WEIGHT
1974 1975 ..,1976 1977 1978
No. 2 Medium Grain, 4% Brokers,
COTTON
$ PER POUND
Memphis Middling 1 1/16 Inch
31 JUL 19.50
JUL 78 19.50
AUG 77 14.94
$PEI METRIC TON SUGAR
,?,,, '~. `"..`` 75 0 PER POUND
800
$ PER METRIC TON
'2,000
PER POUND
150
100
2.16
16 AUG 140.00
9 AUG 124.08
JUL 78 135.80
AUG 77 199.40
n-1e AOG.:I1
1977 1978
$ PER METRIC TON
1-16 AUG II
Approved For Release 2004/07/2 - ~IA-RDP80T00702A000800020004-7
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
SOYBEANS
S PER BUSHEL
500 400
SOYBEAN OIL/PALM OIL
0.5 S PER POUND
Crude, Bulk, c.i.f. US Ports
16 AUG 0.2900
9 AUG 0.2750
JUL 78 0.3120
AUG 77 0.5335
1-16 AUG II
0 100
1974 1975 1976 1977 1978 1974 1975
AUSTRALIA 1.11- ----
Boneless Beef, Wholesale Steer Beef,
f.o.b., New York Midwest Markets
11 AUG 92.00 12 AUG 80.25
4 AUG 91.00 5 AUG 81.44
100 JUL 78 88.63 JUL 78 85.10
60
AUG 77 63.01 AUG 77 62.49
1-11 AUG II
1974 1975 1976 1977 1978
SOYBEAN OIL
Crude, Tank Cars, f.o.b. Decatur
16 AUG 0.2602
9 AUG 0.2469
JUL 78 0.2577
AUG 77 0.2113
16 AUG 160.00
9 AUG 156.50
JUL 78 171.18
AUG 77 140.58
100
1-18 AUG El
1976 1977 1978
80 1974
500
1,000
800 400
1-8 AU G 11
1976 1977 577/9788 CIA
NOTE The food index is compiled by the Economist for 16 food commodities
which enter international trade. Commodities are weighted by
3-year moving averages of imports into industrialized countries.
Approved For Release 2004/07/28 AU4-RDP80T00702A000800020004-7
 Approved For Release 2004/07/28: CIA-RDP80T00702A000800020004-7
INDUSTRIAL MATERIALS PRICES MONTHLY AVERAGE CASH PRICE
COPPER WIRE BAR
140 C PER POUND
18 AUG
9 AUG
JUL 78
AUG 77
PER METRIC TON LEAD
_ ..:.E, O 45 C PER POUND
LME US 3,000
86.3 C8.6
64.1 C6.6
60.6 65.6
52.7 C 3.9
2,500 35
30
2,000
1974 1975 1976
STEEL SCRAP
150 S PER LONG TON
125
100
1-16 AUG II
1977 1,978 0 150 1974 1975 1976 1977 1978
0 1-15 AUG II
0
1974 1975 1976 1977
1978 100 1974 1975
PLATINUM
$ PER METRIC TON 150 250 $ PER TROY OUNCE
16 AUG
9 AUG
JUL 78
AUG 77
1-16 AUG II
1976 1977 1978
LME US
29.9 33.0
28.5 33.0
26.4 31.0
24.9 31.0
$ PER METRIC TON
-1,000
1-18 AUG II
1-16 AUG 11 4,000
Approved For Release 2004/07/2&;1 lA-RDP80T00702A000800020004-7
 Approved For Release 2004/07/28 : CIA-RDP80T00702A000800020004-7
SELECTED MATERIALS
ALUMINUM
Major US Producer
d per pound
52.50
53.00
53.00
47.09
US STEEL
Composite
$ per long ton
419.31
387.54
357.08
327.00
IRON ORE
Non-Bessemer Old Range
$ per long ton
21.43
21.43
21.43
20.05
CHROME ORE
Russian, Metallurgical Grade
$ per metric ton
NA
NA
150.00
150.00
CHROME ORE
S. Africa, Chemical Grade
$ per long ton
56.00
56.00
58.50
42.00
FERROCHROME
US Producer, 66-70 Percent
If per pound
42.00
41.00
42.39
44.55
NICKEL
Composite US Producer
$ per pound
2.07
2.06
2.41
2.20
MANGANESE ORE
48 Percent Mn
$ per long ton
67.20
72.24
72.00
72.00
TUNGSTEN ORE
Contained Metal
$ per metric ton
17,182.00
19,048.00
21,111.00
5,325.00
MERCURY
New York
$ per 76 pound flask
163.00
162.32
116.30
110.00
SILVER
LME Cash
d per troy ounce
558.90
496.44
447.09
425.81
GOLD
207.32
178.16
144.95
109.65
RUBBER
60 C PER POUND
INDUSTRIAL MATERIALS INDEX
300
1 1970=100
150
100 1974 1975
1-8AUGII
1976 .1977 T1978
LUMBER INDEX6
160
1-11 AUG11I
1976 1977 1978
1Approximates world market price frequently used by major
world producers and traders, although only small quantities or
these metals are actually traded on the LME.
2Producers' price, covers most primary metals sold in the U S.
3As of 1 Dec 75, US tin price quoted is "Tin NY lb composite."
4Quoted on New York market.
5S-type styrene, US export price.
6 This index is compiled by using the average of 13 types of lumber whose
prices are regarded as bellwethers of US lumber construction costs.
7Composite price for Chicago, Philadelphia, and Pittsburgh.
NOTE: The industrial materials index is compiled by the Economist for 19 raw
materials which enter international trade. Commodities are weighted by
3-year moving averages of imports into industrialized countries.
-7/ * $- t
Approved For Release 2004/07/28 : RDP80T00702A000800020004-7