ECONOMIC & ENERGY INDICATORS

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP88-00798R000200150007-9
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RIPPUB
Original Classification: 
K
Document Page Count: 
15
Document Creation Date: 
December 22, 2016
Document Release Date: 
April 18, 2011
Sequence Number: 
7
Case Number: 
Publication Date: 
December 6, 1985
Content Type: 
REPORT
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Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 Directorate of Intelligence Economic & Energy Indicators D/ EE/ 85-025 6 December 1985 Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 L ill I i f L I I 1 . 1 1 - - Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798ROO0200150007-9 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. 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Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798ROO0200150007-9 Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 Economic & Energy Indicators Industrial Production Gross National Product Consumer Prices Energy Money Supply Unemployment Rate Foreign Trade Current Account Balance Export Prices in US $ Import Prices in US $ Exchange Rate Trends Money Market Rates Agricultural Prices Industrial Materials Prices 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) I 1 Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 Percent change from previous period seasonally adjusted at an annual rate 1st Qtr 2d Qtr 3d Qtr Jul Aug Sep 2.6 -7.2 5.9 11.6 2.1 1.3 1.6 -1.9 9.1 -1.0 1.0 0.4 3.5 11.1 -2.6 11.2 -0.4 22.7 -14.4 -12.9 West Germany -2.3 -3.2 0.3 2.4 -3.0 11.5 0 -25.4 France -2.6 -1.5 1.1 2.3 -3.0 3.1 8.4 43.5 0 -16.4 United Kingdom -3.9 2.1 3.9 1.2 9.9 9.0 -1.2 -11.5 3.4 19.4 Italy -1.6 -3.1 -3.2 3.1 7.4 1.1 -3.1 -37.4 11.9 9.1 Canada 0.5 -10.0 5.3 8.8 0.7 4.3 23.6 -0.8 Percent change from previous period seasonally adjusted at an annual rate Japan 4.1 3.4 3.4 5.7 0.8 7.9 Percent change from previous period seasonally adjusted at an annual rate United States 10.3 6.2 3.2 4.3 3.3 4.2 2.4 2.3 2.3 Japan 4.9 2.6 1.8 2.3 2.4 1.1 2.2 -2.1 -3.4 7.0 West Germany 6.0 5.3 3.3 2.4 3.4 2.7 -0.1 -0.1 1.8 -0.3 France 13.3 12.0 9.5 7.7 5.8 6.2 4.2 3.0 2.3 2.8 United Kingdom 11.9 8.6 4.6 5.0 7.1 9.3 2.8 2.8 1.8 1.3 Italy 19.3 16.4 14.9 10.6 10.1 10.5 7.1 7.0 2.3 6.8 Canada 12.5 10.8 5.8 4.3 5.2 3.9 3.4 4.1 4.0 2.2 IF Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798ROO0200150007-9 Percent change from previous period seasonally adjusted at an annual rate United States b 7.1 6.6 11.2 6.9 Japan 3.7 7.1 3.0 2.9 West Germany 1.1 3.6 10.3 3.3 France 12.2 13.9 10.0 7.5 a Based on amounts in national currency units. b Including MI-A and MI-B. West Germany 5.6 7.7 9.2 9.1 France 7.6 8.4 8.6 9.6 United Kingdom 10.0 11.6 12.4 12.6 Italy 8.4 9.1 9.9 10.4 1st Qtr 2d Qtr 3d Qtr Aug Sep Oct 10.9 10.6 15.9 22.4 12.1 -1.2 11.1 -0.2 3.1 4.3 9.0 1.4 -0.4 8.1 11.7 32.5 12.3 9.2 9.4 9.4 9.4 9.4 9.2 10.0 9.9 10.3 10.3 10.4 10.4 12.9 13.1 13.2 13.2 13.1 13.1 10.8 10.2 Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798ROO0200150007-9 Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 United States b Exports 233.5 212.3 200.7 217.6 55.7 52.6 52.6 17.4 17.7 Imports 261.0 244.0 258.2 325.6 84.4 86.4 84.5 26.1 31.8 Balance -27.5 -31.6 -57.5 -108.0 -28.7 -33.8 -31.9 -8.7 -14.0 Japan Exports 149.6 138.2 145.5 168.2 40.4 42.5 43.4 14.6 14.4 Imports 129.5 119.6 114.1 124.1 28.9 29.5 29.2 9.7 9.8 Balance 20.1 18.6 31.5 44.1 11.5 13.0 14.2 4.9 4.6 West Germany Exports 175.4 176.4 169.5 171.8 41.0 43.7 48.5 15.7 15.8 Imports C 163.4 155.3 152.8 153.1 36.5 37.1 41.7 14.0 13.4 Balance 11.9 21.1 16.6 18.8 4.5 6.5 6.8 1.7 2.3 France Exports 106.3 96.4 95.1 97.5 22.5 24.4 26.1 8.8 8.9 Imports 115.6 110.5 101.0 100.3 23.6 24.7 26.8 8.8 9.2 Balance -9.3 -14.0 -5.9 -2.8 -1.1 -0.4 -0.7 0 -0.3 United Kingdom Exports 102.5 97.1 92.1 93.7 22.7 25.4 25.4 8.4 8.3 Imports 94.6 93.1 93.7 99.1 24.1 25.7 26.0 8.6 -8.6 Balance 7.9 4.0 -1.6 -5.3 -1.4 -0.3 -0.6 -0.3 -0.3 Italy Exports 75.4 73.9 72.7 73.5 17.7 18.2 20.3 7.0 6.9 Imports 91.2 86.7 80.6 84.4 21.6 21.8 21.0 7.2 6.9 Balance -15.9 -12.8 -7.9 -10.9 -3.9 -3.6 -0.7 -0.2 0 Canada Exports 70.5 68.5 73.7 86.5 22.0 21.8 21.7 7.3 7.8 Imports 64.4 54.1 59.3 70.6 17.9 18.5 19.4 6.6 6.5 Balance 6.1 14.4 14.4 15.9 4.1 3.4 2.3 0.8 1.3 Seasonally adjusted. b Imports are customs values. Imports are c.i.f. A Seasonally adjusted; converted to US dollars at current market rates of exchange. Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 Percent change from previous period at an annual rate United States 9.2 1.5 1.0 1.4 0.3 1.9 -8.1 -4.6 -2.6 Japan 5.5 -6.4 -2.4 0.2 -11.9 14.1 23.3 4.1 7.0 West Germany -14.9 -2.8 -3.2 -7.1 -19.0 26.9 84.0 59.1 -18.4 France -12.0 -5.5 -4.8 -2.9 -13.5 28.9 74.7 74.5 United Kingdom NA NA -6.2 -5.1 -16.2 57.1 101.5 1.0 -17.0 Italy -7.8 _ -3.0 -4.4 -5.2 -13.1 21.9 Canada 3.9 -2.0 -1.3 --3.7 -0.2 -7.0 101.4 -19.7 -35.9 Percent change from previous period at an annual rate United States 5.3 -2.0 -3.7 1.7 Japan 3.6 -7.4 -5.0 -2.8 West Germany -8.6 -4.7 -5.2 -4.8 France -7.8 -7.2 -7.0 -3.8 United Kingdom NA NA -5.7 -4.6 Italy 1.0 -5.3 -6.6 -3.7 Canada 8.7 -1.1 -3.3 -0.1 1st Qtr 2d Qtr Jul Aug Sep -10.2 -0.5 3.6 0.5 0.3 -10.9 3.1 13.7 -18.5 -1.4 -13.7 20.4 56.1 29.5 -14.9 -11.3 15.5 52.1 35.7 -15.4 46.1 89.7 -17.2 -15.6 -8.5 23.8 -4.5 -2.2 27.0 17.2 -29.6 Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798ROO0200150007-9 Exchange Rate Trends, Percent change from previous period at an annual rate Ist Qtr 2d Qtr Aug Sep Oct -3.1 -1.3 -10.5 -2.9 0.9 0.3 0.2 2.3 -2.3 -2.1 -10.2 -9.4 -5.7 Dollar Cost of Foreign Currency . Japan -24.6 -7.2 -5.2 -11.5 -28.0 19.0 -13.2 -13.4 -13.3 -11.9 -28.6 59.9 -32.8 -18.8 -12.3 -15.6 -30.3 9.5 1st Qtr 2d Qtr Jul Aug Sep United States 90-day certificates of deposit, secondary market 16.24 12.49 9.23 10.56 8.76 8.61 Japan loans and discounts (2 months) West German y interbank loans (3 months) France interbank money market (3 months) United Kin dom g sterling interbank loans (3 months) 13.85 12.24 10.12 9.91 12.98 12.67 Italy Milan interbank loans (3 months) 20.13 20.15 18.16 15.91 15.78 15.37 Canada finance paper (3 months) Eurodollars 3-month deposits 16.87 13.25 9.69 10.86 9.04 8.74 IF Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798ROO0200150007-9 IF I. III I i I Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 Agricultural Prices Bananas Fresh imported, (Total world, $ per metric ton) 177 214 217 232 243 110.4 111.6 110.9. 1111.1 NA Australia 125.2 (Boneless beef, f.o.b. US Ports) 112.1 108.4 110.7 101.1 100.2 93.3 93.6 94.3 96 United States 104.3 (Wholesale steer beef, midwest markets) 100.0 101.4 97.6 100.9 96.6 81 80.4 80.7 88.3 Cocoa (? per pound) 113.5 89.8 74.3 92.1 106.2 99.2 96.4 98.4 101.3, 102.5 Coffee ($ per pound) 1.54 1.28 1.40 1.32 1.44 1.44 1.42 1.33 1.33 1.39 Corn 150 (US #3 yellow, c.i.f. Rotterdam, $ per metric ton) 150 123 148 150 133 133 118 113 111 Cotton 93.20 (World Cotton Prices, "A" index, c.i.f. Osaka, US 0/lb.) 72.69 74.48 85.71 63.91 62.27 63.78 56.76 53.58 48.88 Palm Oil 583 (United Kingdom 5% bulk, c.i.f., $ per metric ton) 571 445 502 730 605 606 417 360 358 Rice ($ per metric ton) US (No. 2, milled, 598 4% c.i.f. Rotterdam) 632 481 514 514 496 496 481 475 475 Thai SWR 522 (100% grade B c.i.f. Rotterdam) 573 362 339 310 254 243 236 . 241 255 Soybeans 296 (US #2 yellow, c.i.f. Rotterdam, $ per metric ton) 288 244 282 283 240 236 213 206 205 Soybean Oil 598 (Dutch, f.o.b. ex-mill, $ per metric ton) 507 447 527 727 651 658 518 469 455 Soybean Meal 257 (US, c.i.f. Rotterdam 252 219 238 197 159 146 152 164 170 $ per metric ton) Sugar 29.03 (World raw cane, f.o.b. Caribbean Ports, spot prices Q per pound) 16.93 8.42 8.49 5.18 3.69 2.96 4.21 5.14 5.01 Tea 101.4 Average Auction (London) (? per pound) 91.0 89.9 105.2 156.6 126.9 82.8 72.3 73.3 78.7 Wheat 209 (US #2. DNS 210 187 183 182 1 177 169 154 156 168 c.i.f. Rotterdam, $ per metric ton) Food Index a (1980=100) 100 87.9 78.1 86.4 91.5 83.6 79.1 76.5 76.9 78.2 a The food index is compiled by The Economist for 14 food commodities which enter international trade. Commodities are weighted by 3- year moving averages of imports into industrialized countries. e - Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 Chrome Ore (South Africa chemical grade, $ per metric ton) Copper a (bar, 0 per pound) 98.7 79.0 67.1 72.0 62.4 62.1 67.6 64.5 62.3 62.9 Gold ($ per troy ounce) 612.1 460.0 375.5 424.4 360.0 300.0 319.8 323.2 325.9 326 Lead a (~ per pound) 41.1 32.9 24.7 19.3 20.0 17.2 17.3 18.3 18.4 17.8 Manganese Ore (48% Mn, $ per long ton) 78.5 82.1 79.9 73.3 69.8 69.6 68.4 68.4 68.4 67.2 Metals week, 677.0 446.0 326.7 422.6 New York dealers' price Tungsten Ore (contained metal, $ per metric ton) US Steel (finished steel, composite, $ per long ton) Lumber Index .100 95 84 114 (1980 = 100) Industrial Materials Index r 100 84.7 71.2 82.2 (1980 =100) 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. Quoted on New York market. J Average of No. I heavy melting steel scrap and No. 2 bundles delivered to consumers at Pittsburgh, Philadelphia, and Chicago. 10,243 11,515 10,974 10,648 11,068 9,964 C This index is compiled by using the average of 11 types of lumber whose prices are regarded as bellwethers of US lumber construction costs. The industrial materials index is compiled by The Economist for 18 raw materials which enter international trade. Commodities are weighted by 3-year moving averages of imports into industrialized countries. Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 1. L 1. II I I 1j Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 World Crude Oil Production Excluding Natural Gas Liquids 1980 1981 1982 1983 1984 1985- I st Qtr 2d Qtr Jul Aug Sep World 59,793 56,217 53,514 53,098 54,187 53,462 52,380 51,526 51,625 Non-Communist countries 45,243 41,602 38,810 38,228 39,257 38,672 37,610 36;817 36,876 Developed countries 12,859 12,886 13,276 13,864 14,302 14,704 14,617 14,651 14,394 United States 8,597 8,572 8,658 8,680 8,735 8,871 8,972 8,958 8,926 8,978 Canada 1,424 1,285 1,270 1,356 1,411 1,463 1,445 1,450 1,450 United Kingdom 1,619 1,811 2,094 2,299 2,535 2,660 2,471 2,387 2,216 Norway 528 501 518 614 700 719 728 827 804 Other 691 717 736 915 921 991 1,001 1,029. . 998 Non-OPEC LDCs 5,443 6,036 6,633 6,823 7,515 7,733 7,802 7,726 7,987 Mexico 1,936 2,321 2,746 2,666 2,746 2,711 2,724 2,620 2,796 2,815 Egypt 595 598 665 689 827 877 875 870 905 Other 2,912 3,117 3,222 3,468 3,942 4,145 4,203 4,236 4,286, OPEC 26,941 22,680 18,901 17,541 17,440 16,235 15,191 ` 14,440 14,495 15,445' Algeria 1,020 803 701 699 638 660 634 600 600 650 Ecuador 204 211 211 236 253 274 271 285 280 280 Gabon 175 151 154 157 152 150 150 150 150 160 Indonesia 1,576 1,604 1,324 1,385 1,466 1,152 1,167 1,160 1,120 1,070 Iran 1,662 1,381 2,282 2,492 2,187 2,097 2,299 2,200 2,600 2,200 Iraq 2,514 993 972 922 1,203 1,255 1,340 1,450 1,400 1,600 Kuwait b 1,389 947 663 881 912 914 800 800 800 800. Libya 1,830 1,137 1,183 1,076 1,073 1,051 1,057 900 900 1,000 Neutral Zone c 544 370 317 390 410 480 333 280 280 360 Nigeria 2,058 1,445 1,298 1,241 1,393 1,590 1,351 950 1,150 1,450 Qatar 471 405 328 295 399 292 297 320 320 295 Saudi Arabia b 9,631 9,625 6,327 4,867 4,444 3,659 2,731 2,700 2,200 2,800 UAE 1,702 1,500 1,248 1,119 1,097 1,123 1,120 1,095 1,140 1,225 Venezuela 2,165 2,108 1,893 ' 1,781 1,813 1,538 1,641 1,550 1,555 1,555 Communist countries 14,550 14,615 14,704 14,870 14,930 14,790 14,770 14,709 14,749 14,809 USSR 12,030 12,180 12,250 12,330 12,230 11,920 11,870 11,820 11,860 11,920 China 2,113 2,024 2,044 2,120 2,280 2,450 2,480 2,474 2,474 2,474 Other 407 411 410 420 420 420 420 415 415 415 a Preliminary. b Excluding Neutral Zone production, which is shown separately. Production is shared equally between Saudi Arabia and Kuwait. Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 Big Seven: Inland Oil Consumption 1981 1982 1983 1984 1985 1st Qtr 2d Qtr Jul Aug United States 16,058 15,296 15,184 15,708 15,813 15,452 15,217 16,039 15,555 14,859 Japan 4,444 4,204 4,193 4,349 4,710 3,577 3,814 3,933 West Germany 2,120 2,024 2,009 2,012 1,993 2,034 2,346 2,415 France 1,744 1,632 1,594 1,531 1,759 1,344 1,300 1,181 1,441 United Kingdom 1,325 1,345 1,290 1,624 1,879 1,208 1,186 Italy b 1,705 1,618 1,594 1,513 1,715 1,276 1,401 1,300 Canada 1,617 1,454 1,354 1,348 1,327 1,296 1,349 Including bunkers, refinery fuel, and losses. b Principal products only prior to 1981. Big Seven: Crude Oil Imports United States 4,406 3,488 3,329 3,402 2,545 3,397 3,189 3,110 3 055 Japan 3,919 3,657 3,567 3,664 3,777 3,118 2,903 2,936 , West Germany 1,591 1,45 11,307 1,335 1,419 1,265 1,237 1,197 1 259 France 1,804 1,596 1,429 1,395 1,578 1,212 1 349 1,472 , United Kingdom 736 482 534 518 376 Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 1 II III ~ ' Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 OPEC average b 30.87 34.50 33.63 29.31 28.70 28.25 28.11 28.13 28.14 28.15 Algeria 42? API 0.10% sulfur 37.59 39.58 35.79 31.30 30.50 30.15 29.50 29.50 29.50 29.50 Ecuador 28? API 0.93% sulfur 34.42 34.50 32.96 27.59 27.50 26.82 26.50 26.15 26.15 26.15 Gabon 29? API 1.26 % sulfur 31.09 34.83 34.00 29.82 29.00 28.35 28.00 28.00 28.00 28.00 Indonesia 35? API 0.09% sulfur 30.55 35.00 34.92 29.95 29.53 28.88 28.53 28.53 28.53 28.53 Iran Light 34? API 1.35% sulfur 34.54 36.60 31.05 28.61 28.00 28.38 28.05 28.05 28.05 28.05 Heavy 310 API 1.60% sulfur 33.60 35.57 29.15 27.44 27.10 27.41 27.35 27.35 27.35 27.35 Iraq c 35? API 1.95% sulfur Kuwait 310 API 2.50% sulfur 29.84 35.08 32.30 27.68 27.30 27.30 27.30 27.30 27.30 27.30 Libya 40? API 0.22% sulfur 36.07 40.08 35.69 30.91 30.40 30.40 30.40 30.40 30.40 30.40 Nigeria 34? API 0.16% sulfur 35.50 38.48 35.64 30.22 29.12 28.24 28.37 28.37 28.37 28.37 Qatar 40? API 1.17% sulfur 37.12 34.56 29.95 29.49 28.48 28.10 28.10 28.10 28.10 28.10 Saudi Arabia Berri 39? API 1.16% sulfur 30.19 34.04 34.68 29.96 29.52 28.48 28.11 28.11 28.11 28.11 Light 34? API 1.70% sulfur 28.67 32.50 34.00 29.46 29.00 28.32 28.00 28.00 28.00 28.00 Medium 310 API 2.40% sulfur 28.12 31.84 32.40 27.86 27.40 27.48 27.40 27.20 27.20 27.20 Heavy 27? API 2.85% sulfur 27.67 31.13 31.00 26.46 26.00 26.50 26.50 26.00 26.00 26.00 UAE 39? API 0.75% sulfur 31.57 36.42 34.74 30.38 29.56 28.52 28.15 28.15 28.15 28.15 Venezuela 26? API 1.52% sulfur 28.44 32.88 32.88 28.69 27.88 27.69 27.60 27.10 27.10 27.10 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. c Beginning in 1981 the price of Kirkuk (Mediterranean) is used in calculating the OPEC average official sales price. Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 OPEC: Average Crude Oil Sales Price 28.59 28.09 28.06 28.10 28.11 28.1228.00 28.04 28.14 28.15 STAT -11- Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 II - I. - Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9 - Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200150007-9