ECONOMIC & ENERGY INDICATORS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP84-00898R000400050010-7
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 14
• Document Creation Date: December 21, 2016
• Sequence Number: 10
• Content Type: REPORT

Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
Directorate of
Intelligence
Economic & Energy
Indicators
D/ EE/ 83-024
2 December 1983
Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
 Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
This publication is prepared for the use of US Government
officials, and the format, coverage, and content are designed to
meet their specific requirements. US Government officials may
obtain additional copies of this document directly or through
liaison channels from the Central Intelligence Agency.
Requesters outside the US Government may obtain subscriptions to
CIA publications similar to this one by addressing inquiries to:
Document Expediting (DOCEX) Project
Exchange and Gift Division
Library of Congress
Washington, D.C. 20540
or: National Technical Information Service
5285 Port Royal Road
Springfield, VA 22161
Requesters outside the US Government not interested in subscription
service may purchase specific publications either in paper copy or
microform from:
Photoduplication Service
Library of Congress
Washington, D.C. 20540
or: National Technical Information Service
5285 Port Royal Road
Springfield, VA 22161
(To expedite service call the
NTIS Order Desk [phone]
Comments and queries on this paper may be directed to the DOCEX
Project at the above address or by phone [phone]), or the
NTIS Office of Customer Services at the above address or by phone
(703-487-4660). Publications are not available to the public from the
Central Intelligence Agency.
Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
 Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
Economic & Energy
Indicators
Economic Industrial Production 1
Gross National Product 1
Consumer Prices 1
Money Supply 2
Unemployment Rate 2
Foreign Trade 3
Current Account Balance 3
Export Prices in US $ 4
Import Prices in US $ 4
Exchange Rate Trends 5
Money Market Rates 5
Agricultural Prices 6
Industrial Materials Prices 7
Energy World Crude Oil Production, Excluding Natural Gas Liquids 8
Big Seven: Inland Oil Consumption 9
Big Seven: Crude Oil Imports 9
OPEC: Crude Oil Official Sales Price 10
OPEC: Average Crude Oil Official Sales Price (Chart) 11
Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
 Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
Perceut Change From Previous Period
(Seasonally Adjusted at an Annual Rate)
1st Qtr
2d Qtr
3d Qtr
Sep
Oct
United States
-3.6
2.6
-8.1
9.9
18.4
21.5
19.8
9.8
Japan
4.7
I.0
0.4
3.6
6.5
12.3
5.8
West Germany
-0.8
-2.7
-3.1
5.1
8.1
1.4
0.0
France
-0.7
-2.6
-1.5
2.1
4.2
United Kingdom
-6.4
-5.1
1.5
4.8
0.7
6.2
1.2
Italy
5.5
-2.4
-2.2
-1.9
-10.4
-4.9
Canada
-1.5
0.9
-10.7
22.3
27.3
Gross National Product
Percent Change From Previous Period
(Constant Market Prices; Seasonally Adjusted at an Annual Rate)
1980 1981 1982
1983
1st Qtr
2d Qtr
3d Qtr
United States -0.3 2.6 -1.9
2.6
9.7
7.9
Japan 4.8 3.9 2.9
0.9
3.6
West Germany 1.8 -0.2 -1.1
2.5
4.3
France 1.1 0.2 1.7
United Kingdom -2.1 -2.2 1.4
8.6
-7.1
Italy 3.9 0.1 -0.3
1.7
-6.5
Canada 1.0 3.4 -4.4
7.6
7.5
Consumer Prices
Percent Change From Previous Period
(Seasonally Adjusted at an Annual Rate)
1980 1981 1982
1983
1st Qtr 2d Qtr 3d Qtr
Oct
United States 13.5 10.3 6.2
-0.4 4.2 4.8
Japan 8.0 4.9 2.6
0.6 1.1 0.3
9.8
West Germany 5.5 6.0 5.3
0.5 1.4 5.1
2.2
France 13.5 13.3 12.0
11.0 10.6 9.1
United Kingdom 18.0 11.9 8.6
3.5 1.9 7.8
6.1
Italy 21.2 19.3 16.4
13.4 14.2 12.6
19.8
Canada 10.2 12.5 10.8
3.0 4.2 6.5
Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
 Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
Money Supply, M-1
Percent Change From Previous Period
(Based on Amounts in National Currency Units; Seasonally Adjusted at an Annual Rate)
United States e
6.2
7.1
6.5
Japan
0.8
3.7
7.1
West Germany
2.3
1.2
3.6
France
8.5
12.6
13.9
United Kingdom
4.5
NA
NA
Italy
15.8
11.2
11.6
Canada
6.4
4.0
1.0
a Including M1-A and M1-B.
Unemployment Rate e
Percent
(Seasonally adjusted)
1980
1981
198:
United States
7.1
7.5
9.6
Japan
2.0
2.2
2.4
West Germany
3.9
5.6
7.7
France
6.3
7.6
8.4
United Kingdom
6.4
10.0
11.7
Italy
7.6
8.4
9.1
Canada
7.5
7.6
11.1
I st Qtr
2d Qtr
Aug
Sep
Oct
14.8
12.8
2.8
0.9
1.4
-0.2
0.2
-32.1
21.5
21.5
11.2
4.4
-6.2
6.3
12.1
9.8
16.6
10.4
-2.9
11.8
6.1
27.3
11.6
10.8
0.6
-3.1
1983
lst Qtr
2d Qtr
3d Qtr
Oct
10.2
10.0
9.3
8.7
2.7
2.7
2.7
8.8
9.6
9.6
9.4
8.4
8.6
8.5
8.7
12.5
12.6
12.4
12.3
9.8
9.9
9.8
12.5
12.4
11.7
11.1
a Unemployment rates for France are estimated. For comparison
with the US rate, the rates for France and the United Kingdom
should be increased by 5 percent and I S percent respectively. Italian
rates should be decreased by 50 percent; the rates for Japan,
Canada, and West Germany are comparable to US rates.
Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
 Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
Billion US $, f.o.b.
(Seasonally Adjusted)
United Statese
Exports
220.7
233.5
212.3
50.5
48.6
50.6
17.4
Imports
245.0
261.0
244.0
58.6
62.3
66.9
22.2
Balance
-24.3
-27.5
-31.6
-8.1
-13.7
-16.3
-4.8
Japan
Exports
126.3
149.5
138.3
35.5
35.5
36.2
12.1
Imports
124.7
129.5
119.8
28.6
27.6
27.9
9.8
Balance
1.6
20.1
18.4
6.9
7.9
8.3
2.3
West Germany
Exports
193.0
175.3
176.4
43.6
43.1
41.5
14.0
Imports b
188.0
163.4
155.3
38.1
38.9
37.7
12.9
Balance
4.9
11.9
21.1
5.5
4.2
3.8
1.1
France
Exports
116.0
106.3
96.4
23.9
23.4
23.3
7.7
Imports
130.1
115.6
110.5
27.3
25.1
23.7
7.7
Balance
-14.1
-9.3
-14.0
-3.5
-1.7
-0.4
0
United Kingdom
Exports
110.2
102.5
97.0
22.6
22.8
22.4
7.8
Imports
107.2
96.1
93.5
22.9
23.8
23.0
7.6
Balance
3.0
6.4
3.6
-0.3
-1.0
-0.6
0.2
Italy
Exports
78.0
75.4
74.2
18.9
18.2
17.8
6.1
Imports
100.3
91.4
87.0
21.8
19.6
20.3
6.9
Balance
-22.3
-15.9
-12.8
-2.9
-1.4
-2.5
-0.9
Canada
Exports
65.9
70.5
68.6
16.9
18.4
18.6
6.3
Imports
58.4
64.3
53.7
13.6
14.2
15.3
5.4
Balance
7.5
6.2
14.8
3.3
4.2
3.3
0.9
e Imports are customs values.
e Imports are c.i.f.
Current Account Balan
Billion US $
ce a
1980
1981
1982
1983
1st Qtr
2d Qtr Jul
Aug
Sep
United States
0.4
4.6
-11.2
-3.6
-9.7
Japan
-10.7
4.8
6.9
1.4
6.3
2.9
1.4
2.7
West Germany
-16.5
-6.8
3.4
1.7
0.8
-1.2
-1.3
-0.2
France
-7.8
-5.5
-12.1
-3.6
United Kingdom
7.0
NA
9.3
1.2
-0.5
-0.3
0
0.4
Italy
-9.7
-8.5
-5.8
-2.0
Canada
-0.9
~.8
2.4
0.2
0.9
a Converted to US dollars at current market rates of exchange.
n Seasonally adjusted.
Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
 Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
United States
10.6
9.2
1.5
Japan
6.6
5.5
-6.4
West Germany
7.2
-15.2
-3.0
France
11.7
-12.0
-5.5
United Kingdom
22.5
xA
-7.3
Italy
17.4
-7.8
-3.3
Canada
17.4
3.9
-2.3
1st Qtr
2d Qtr
Aug
Sep
3.1
1.5
10.6
-7.2
-12.5
49.6
14.0
-10.8
-84.8
5.7
13.0
-16.6
-23.5
-14.0
15.7
-3.4
-14.1
3.3
-11.1
1.1
-31.9
United States
27.3
5.3
-2.0
-12.3
~.3
Japan
35.5
3.6
-7.3
-4.1
-18.4
-23.5
20.3
West Germany
15.7
-8.3
-5.4
-3.1
-13.4
France
19.4
-7.8
-7.2
3.7
-19.4
-25.1
United Kingdom
24.2
NA
-6.1
-11.0
7.2
Italy
26.1
1.1
-7.3
1.4
-31.1
Canada
16.8
8.7
-1.1
-2.1
-12.2
66.0
-32.4
Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
 Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
United States
-0.4
10.5
10.6
-6.0
9.2
Japan
-4.2
9.3
-5.7
46.5
5.2
West Germany
0.2
-2.1
7.0
10.4
4.2
France
0.5
-5.1
-0.1
6.7
-16.9
United Kingdom
9.8
2.5
-2.1
-31.1
24.3
Italy
-4.1
-9.2
-5.1
4.5
-4.9
Canada
-0.1
0.3
0.2
0.2
1.4
Dollar Cost of Foreign Currency
Japan
-3.5
2.7
-12.8
31.5
11.1
6.6
39.2
West Germany
0.8
-24.6
-7.2
14.1
-13.4
-16.0
26.6
France
0.7
-28.7
-20.8
10.1
-38.2
-20.2
16.0
United Kingdom
9.6
-13.2
-13.4
-25.3
5.5
33.8
-0.2
Italy
-3.1
-32.8
-18.8
9.4
-23.8
-15.1
14.4
Canada
0.2
-2.5
-2.9
1.7
-1.2
2.7
0.5
United States
90-day certificates of
deposit, secondary market
Japan
loans and discounts
(2 months)
West Germany
interbank loans
(3 months)
France
interbank money market
(3 months)
United Kingdom
sterling interbank loans
(3 months)
Italy
Milan interbank loans
(3 months)
Canada
finance Daper (3 months)
Eurodollars
3?month deposits
13.29
16.24
12.49
8.67
8.61
8.32
7.79
7.23
7.12
9.66
12.19
8.82
5.66
5.23
12.39
15.47
14.68
12.74
1 x.22
16.72
13.85
12.24
11.16
10.28
17.71
20.13
20.15
19.16
18.38
12.93
18.46
14.48
9.74
14.23
16.87
13.25
9.25
9.12
Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
 Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
Agricultural Prices
Australia
(Boneless beef,
f.o.b., US Ports)
IJlllted States
(Wholesale steer beef,
midwest markets)
COCOA
(? per pound)
Coffee
1.54
1.28
1.40
1.26
1.26
1.30
1.32
1.41
(S per pound)
Corn
(Central Illinois No. 2 yellow,
S per bushel)
3.01
3.14
2.42
2.59
3.10
3.43
3.46
3.36
Cotton
(Memphis middling
1 1 / 16 inch, S per pound)
0.8219
0.7243
0.6073
0.6311
0.6755
0.7163
0.7097
0.7240
Palm Oil
(United Kingdom 5% bulk,
c.i.f., S per metric ton)
583.08
570.67
445
372
415
547
657
677
Rice
(New Orleans
No. 2, milled f.o.b.,
S per metric ton)
496
565
367
368
375
386
386
386
Soybeans
(Central Illinois No. 1~ yellow,
S per bushel)
6.95
6.98
5.86
5.71
6.06
7.80
8.73
8.25
Soybean Oil
(S per pound)
0.2375
0.2129
0.1837
0.1711
0.1953
0.2873
0.3436
0.3062
Sugar
28.63
16.88
8.42
6.21
8.75
10.19
9.43
9.76
9.43
(World raw London,
bulk ? per pound)
Wheat
(Kansas City No. 2 hard
winter, S per bushel)
FoodIndexa 232 203 167 164 178 194 199 199
(1975 =100)
a 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 2008/05/16 :CIA-RDP84-008988000400050010-7
 Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
Major US producer
71.6
77.3
76.0
76.0
76.0
77.7
81.0
81.0
LME cash
80.8
57.4
44.9
54.2
64.6
71.7
73.5
71.1
Chrome Ore
(South Atrica chemical
grade, S per metric ton)
55.0
53.0
50.9
50.0
50.0
50.0
50.0
50.0
Copper a
(bar, ? per pound)
98.7
79.0
67.1
72.6
77.7
74.0
70.8
65.2
Gold
(S per troy ounce)
612.1
460.0
375.5
465.1
426.9
417.6
413.7
394.1
Lead a
(? per pound)
41.1
32.9
24.7
20.7
19.7
18.2
18.3
19.0
Manganese Ore
(4896 Mn, S per long ton)
78.5
82.1
79.9
78.2
75.4
69.8
69.8
69.8
Nickel (S per pound)
Composite US producer
3.5
3.5
3.2
3.2
3.2
3.2
3.2
3.2
LME Cash
3.0
2.7
2.2
1.9
2.2
2.2
2.2
2.1
Platinum (S per troy ounce)
Major producer
439.5
475.0
475.0
475.0
475.0
475.0
475.0
475.0
Metals week,
New York dealers' price
677.0
446.0
326.7
444.3
419.2
434.9
432.0
396.0
Rubber (? per pound)
Synthetic b
40.6
47.5
45.7
48.1
40.9
44.3
44.4
NA
Natural c
73.8
56.8
45.4
49.8
56.8
59.2
59.9
59.9
Silver
(S per troy ounce)
20.7
10.5
7.9
12.3
12.1
12.0
12.0
9.9
Steel Scrap d
(S per long ton)
91.2
92.0
63.1
67.0
69.7
74.6
77.1
NA
Tina
(? per pound)
761.3
641.4
581.6
580.9
615.1
587.0
580.9
587.3
Tungsten Ore
(contained metal,
S per metric ton)
18,219
18,097
13,426
10,356
11,118
9,857
9,946
10,041
US Steel
(composite,
S per long [on)
486.2
543.5
567.3
582.3
587.2
590.6
597.4
NA
Zinc a
(? per pound)
34.4
38.4
33.7
31.0
32.5
36.1
38.2
38.9
LumberIndexe
(1975 =100)
167
159
140
187
202
187
177
NA
Industrial
Materials Index r
184
166
142
142
154
158
156
152
a Approximates world market price frequently used by major world
producers and traders, although only small quantities of these
metals are actually traded on the LME.
b S-type styrene, US export price.
c Quoted on New York market.
d Average of No. 1 heavy melting steel scrap and No. 2 bundles
delivered to consumers at Pittsburgh, Philadelphia, and Chicago.
e This index is compiled by using the average of 11 types of lumber
whose prices are regarded as bellwethers of US lumber construction
costs.
tThe 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.
Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
 Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
World Crude Oil Production
Excluding Natural Gas Liquids
World
59,469
55,818
53,053
Non-Communist countries
45,244
41,593
38,803
Developed countries
12,859
13,579
13,276
United States
8,597
8,572
8,658
Canada
1,424
1,285
1,270
United Kingdom
1,619
1,811
2,094
Norway
528
501
518
Other
691
717
736
Non-OPEC LDCs
5,444
6,027
6,636
Mexico
1,937
2,312
2,749
Egypt
595
598
665
Other
2,912
3,117
3,222
OPEC
26,941
22,680
18,891
Algeria
1,020
803
701
Ecuador
204
211
211
Gabon
175
151
154
Indonesia
1,576
1,604
1,314
Iran
1,662
1,381
2,282
Iraq
2,514
993
972
Kuwait b
1,389
947
663
Libya
1,830
1,137
1,183
Neutral Zone ~
544
370
317
Nigeria
2,058
1,445
1,298
Qatar
471
405
328
Saudi Arabian
9,631
9,625
6,327
UAE
1,702
1,500
1,248
Venezuela
2,165
2,108
1,893
Communist countries
14,225
14,225
14,250
USSR
11,700
11,790
11,800
China
2,118
2,024
2,040
Other
407
411
410
1983
Jul
Aug
Sep
53,950
54,277
39,270
39,574
13,684
13,862
8,695
8,648
8,683
1,214
1,515
2,280
2,290
2,387
652
561
843
848
6,818
6,976
2,687
2,774
2,712
695
708
3,436
3,494
18,768
18,736
18,955
700
700
700
225
261
239
170
160
150
1,300
1,350
1,350
2,800
2,500
2,700
1,000
1,000
950
850
950
1,150
1,100
1,100
1,150
468
460
453
1,712
1,300
1,218
298
265
309
5,300
5,800
5,700
1,150
1,160
1,160
1,695
1,730
1,726
14,680
14,703
14,405
12,363
12,386
11,900
2,107
2,107
2,085
210
210
420
a Preliminary.
n Excluding Neutral Zone production, which is shown separately.
Production is shared equally between Saudi Arabia and Kuwait.
Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
 Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
United States a
17,006
16,058
15,296
Japan
4,674
4,444
4,204
West Germany
2,356
2,120
2,024
France
1,965
1,744
1,632
United Kingdom
1,422
1,325
1,345
Italy a
1,602
1,705
1,618
Canada
1,730
1,617
1,454
e Including bunkers, refinery fuel, and losses.
n Principal products only.
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
14,772
15,484
14,779
14,250
15,281
14,913
15,240
15,240
4,882
4,618
3,852
3,461
4,039
2,053
2,182
1,940
2,010
2,000
1,986
1, 68 5
1, 7 86
1, 500
1,405
1,209
1, 209
1,417
1,431
1,313
1,227
1,257
1,161
1,865
1, 606
1,417
1,468
1,472
1, 365
1,458
1,280
1,192
1,309
1,357
United States
5,220
4,406
3,488
Japan
4,373
3,919
3,657
West Germany
1,953
1,591
1,451
France
2,182
1,804
1,596
United Kingdom
893
736
565
Italy
1,860
1,816
1,710
Canada
557
521
334
Mar
Apr
May
Jun
Jul
Aug Sep
2,232
2,970
3,234
3,502
3,868
3,978
3,672
3,604
2,975
3,337
3,099
1,264
1,279
1,385
1,274
1,312
1,155
1,148
1,331
1,492
1,438
371
303
537
467
1,490
195
143
93
Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
 Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
OPEC average b
18.67
30.87
34.50
33.63
28.69
28.70
Algeria
42? APIO.(0%sulfur
19.65
37.59
39.58
35.79
30.50
30.50
Ecuador
28? API 0.93%sulfur
22.41
34.42
34.50
32.96
26.70
26.70
Gabon
29? API 1.26 %sulfur
18.20
31.09
34.83
34.00
29.00
29.00
Indonesia
35? API 0.09%sulfur
18.35
30.55
35.00
34.92
29.53
29.53
Iran
Light
34? API 1.35% sulfur
19.45
34.54
36.60
31.05
28.00
28.00
Heavy
31 ? API 1.60% sulfur
18.49
33.60
35.57
29.15
27.10
27.10
Iraq ~
35? API 1.95%sulfur
18.56
30.30
36.66
34.86
29.43
29.43
Kuwait
31 ? API 2.50% sulfur
18.48
29.84
35.08
32.30
27.30
27.30
Libya
40? API 0.22%sulfur
21.16
36.07
40.08
35.69
30.40
30.40
Nigeria
34? API0.16%sulfur
20.86
35.50
38.48
35.64
29.85
29.85
Qatar
40? API 1.17%sulfur
19.72
31.76
37.12
34.56
29.49
29.49
Saudi Arabia
Berri
39? API 1.16%sulfur
19.33
30.19
34.04
34.68
29.50
29.50
Light
34? API 1.70%sulfur
17.26
28.67
32.50
34.00
29.00
29.00
Medium
3l ? API 2.40% sulfur
16.79
28.12
31.84
32.40
27.40
27.40
Heavy
27? API 2.85%sulfur
16.41
27.67
31.13
31.00
26.00
26.00
UAE
39? API 0.75%sulfur
19.81
31.57
36.42
34.74
29.56
29.56
Venezuela
26? API 1.52%sulfur
17.22
28.44
32.88
32.88
27.88
27.88
a F.o.b. prices set by the government for direct sales and, in most
cases, for the producing company buy-back oil.
b Weighted by the volume of production.
Beginning in 1981 the price of Kirkuk (Mediterranean) is used in
calculating the OPEC average official sales price.
Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
 Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7
OPEC: Average Crude Oil Official Sales Price
30.87
18.67
11.29 11.02 11.77 12.88 12.93
3.39
1973 74 75 76 77 78 79 80 81 82
Annual Average
- ..
--
- --
- - 33.
37 3J.
b~ 33.
53
32.
61
31.
74
31.08
30.41
28.72
28.77 28.75 28.72 28.69 28.70
23.55
20.14
17.08
13.79
Approved For Release 2008/05/16 :CIA-RDP84-008988000400050010-7