ECONOMIC & ENERGY INDICATORS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP88-00798R000200170007-7
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 15
• Document Creation Date: December 22, 2016
• Document Release Date: April 18, 2011
• Sequence Number: 7
• Publication Date: December 20, 1985
• Content Type: REPORT

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Directorate of
Intelligence
Economic & Energy
Indicators
DI EEI 85-026
20 December 1985
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Economic & Energy
Indicators
Page
Industrial Production I
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
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Percent change from previous period
seasonally adjusted at an annual rate
1st Qtr
2d Qtr
3d Qtr
Aug
Sep
Oct
2.6
-7.2
5.9
11.6
2.1
1.3
1.9
11.2
-1.9
-3.8
1.0
0.4
3.5
11.1
-2.6
11.2
-0.4
-14.4
-12.9
17.0
United Kingdom
-3.9
2.1
3.9
1.2
10.0
8.6
-1.6
3.4
22.1
-3.3
Italy
-1.6
-3.1
-3.2
3.1
7.4
1.1
-2.5
3.8
29.8
-26.7
Canada
0.5
-10.0
5.3
8.8
0.7
4.5
11.1
-0.8
-2.4
Percent change from previ
seasonally adjusted at an a
ous period
nnual rate
-2.1
3.7
6.8
0.3
1.9
4.3
3.1
3.2
5.1
1.7
5.8
2.6
-1.0
1.6
2.7
Percent change from previous period
seasonally adjusted at an annual rate
Japan
4.9
2.6
1.8
2.3
2.4
1.2
2.1
-3.7
9.1
0.7
West Germany
6.0
5.3
3.3
2.4
3.4
2.5
0.1
2.0
-0.2
2.2
Italy
19.3
5.8
4.3
5.4
3.8
3.4
4.0
2.4
3.9
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Money Supply, M-1 a
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
United Kingdom
NA
NA
13.0
14.7
Italy
11.2
11.6
15.2
12.0
Canada
3.8
0.7
10.2
3.2
- Based on amounts in national currency units.
b Including MI-A and MI-B.
Unemployment Rate a
United States
7.5
9.6
9.5
7.4
Japan
2.2
2.4
2.7
2.7
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
Canada
7.5
11.1
11.8
11.3
Percent change from previous period
seasonally adjusted at an annual rate
1st Qtr
2d Qtr
3d Qtr
Sep
Oct
Nov
10.9
10.6
16.0
12.6
-1.6
13.8
10.5
-0.4
3.2
9.0
-0.7
1.4
-0.4
8.1
32.5
14.8
1.2
32.4
15.4
0.9
32.5
18.0
-0.1
3.3
3.7
12.8
20.3
20.2
14.3
1st Qtr
2d Qtr
3d Qtr
Sep
Oct
Nov
7.2
7.2
7.0
7.0
7.0
6.9
2.5
2.5
2.6
2.7
10.4
8.9
8.9
9.4
9.2
10.0
9.9
10.3
10.3
10.4
10.5
13.0
13.1
13.1
13.1
13.1
11.1
10.6
10.3
10.1
10.3
10.2
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United States b
Exports
233.5
212.3
200.7
217.6
55.7
52.6
52.6
17.7
17.4
Imports
261.0
244.0
258.2
325.6
84.4
86.4
84.5
31.8
27.6
Balance
-27.5
-31.6
-57.5
-108.0
-28.7
-33.8
-31.9
-14.0
-10.2
Japan
Exports
149.6
138.2
145.5
168.2
40.5
42.5
43.5
14.4
15.6
Imports
129.5
119.6
114.1
124.1
28.9
29.5
29.4
9.9
10.5
Balance
20.1
18.6
31.5
44.1
11.6
13.0
14.0
4.5
5.1
West Germany
Exports
175.4
176.4
169.5
171.8
41.0
43.7
48.7
15.9
17.2
Imports
163.4
155.3
152.8
153.1
36.5
37.1
41.8
13.4
15.0
Balance
11.9
21.1
16.6
18.8
4.6
6.5
6.9
2.5
2.1
France
Exports
106.3
96.4
95.1
97.5
22.5
24.4
26.1
8.9
9.7
Imports
115.6
110.5
101.0
100.3
23.6
24.7
26.8
9.2
9.6
Balance
-9.3
-14.0
-5.9
-2.8
-1.1
-0.4
-0.7
-0.3
0.1
United Kingdom
Exports
102.5
97.1
92.1
93.7
22.7
25.4
25.5
8.3
9.0
Imports
94.6
93.1
93.7
99.1
24.1
25.7
26.2
-8.7
9.0
Balance
7.9
4.0
-1.6
-5.3
-1.4
-0.3
-0.7
-0.3
0
Italy
Exports
75.4
73.9
72.7
73.5
17.7
18.3
20.4
6.9
7.3
Imports
91.2
86.7
80.6
84.4
21.6
21.9
21.2
7.0
7.9
Balance
-15.9
-12.8
-7.9
-10.9
-3.8
-3.6
-0.8
0.1
-0.6
Canada
Exports
70.5
68.5
73.7
86.5
22.0
21.8
21.7
7.8
8.0
Imports
64.4
54.1
59.3
70.6
17.9
18.5
19.4
6.5
6.3
Balance
6.1
14.4
14.4
15.9
4.1
3.4
2.3
1.3
1.6
Seasonally adjusted.
b Imports are customs values.
Imports are c.i.f.
Japan
4.8
6.9
20.8
35.0
6.8
13.3
13.3
3.5
4.9
4.8
United Kingdom
15.3
8.5
4.5
1.3
-0.6
1.5
0.9
0.2
0.2
0.6
a Seasonally adjusted; converted to US dollars at current market
rates of exchange.
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 I II I L
1, L
Export Prices in US $
Percent change from previous period
at an annual rate
Import Prices in US $
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
1st Qtr
2d Qtr
3d Qtr
Aug
Sep
Oct
-10.0
-0.3
-0.3
0.5
0.6
-0.3
-10.9
3.1
2.6
-18.5
-1.4
38.5
-14.5
20.2
20.2
29.5
-19.1
85.9
-11.3
15.5
35.7
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Percent change from previous period
at an annual rate
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 13.85 12.24 10.12 9.91 12.98 12.61 11.94 11.52 11.55
sterling interbank loans
(3 months)
Italy
Milan interbank loans
(3 months)
Canada
finance paper (3 months)
Eurodollars
3-month deposits
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Agricultural Prices
Bananas
Fresh imported,
(Total world, $ per metric.ton)
177
214
217
232
243
110.4
111.6
110.9
110.1
NA
Beef (0 per pound)
Australia
(Boneless beef,
f.o.b. US Ports)
125.2
112.1
108.4
110.7
101.1
100.2
93.3
93.6
96
100
United States
(Wholesale steer beef,
midwest markets)
104.3
100.0
101.4
97.6
100.9
96.6
81
80.4
88.3
98.1
Cocoa (0 per pound)
113.5
89.8
74.3
92.1
106.2
99.2
96.4
98.4
102.5
97.9
Coffee ($ per pound)
1.54
1.28
1.40
1.32
1.44
1.44
1.42
1.33
1.40
1.56
Corn
(US #3 yellow,
c.i.f. Rotterdam, $ per metric ton)
150
150
123
148
150
133
133
118
111
118
Cotton
(World Cotton Prices, "A"
index, c.i.f. Osaka, US 0/lb.)
Palm Oil
(United Kingdom 5% bulk,
c.i.f., $ per metric ton)
583
571
445
502
730
605
606
417
356
362
US (No. 2, milled,
4% c.i.f. Rotterdam)
598
632
481
514
514
496
496
481
475
470
Thai SWR
(100% grade B
c.i.f. Rotterdam)
522
573
362
339
310
254
243
236
255
245
Soybeans
(US # 2 yellow,
c.i.f. Rotterdam, $ per metric ton)
296
288
244
282
283
240
236
213
205
208
Soybean Oil
(Dutch, f.o.b. ex-mill,
$ per metric ton)
598
507
447
527
727
651
658
518
450
443
Soybean Meal
(US, c.i.f. Rotterdam
$ per metric ton)
257
252
219
238
197
159
146
152
170
174
Sugar 29.03
(World raw cane, f.o.b.
Caribbean Ports, spot prices 0 per pound)
16.93
8.42
8.49
5.18
3.69
2.96
4.21
5.01
5.53
Tea
Average Auction (London)
(? per pound)
101.4
91.0
89.9
105.2
156.6
126.9
82.8
72.3
78.7
80.2
Wheat
(US #2. DNS
c.i.f. Rotterdam, $ per metric ton)
209
210
187
183
182
177
169
154
168
177
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.
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Ist Qtr
2d Qtr
3d Qtr
Oct
Nov
81.0
81.0
81.0
81.0
81.0
81.0
56.8
49.2
49.3
45.6
44.8
42.6
Chrome Ore
(South Africa chemical
grade, $ per metric ton)
50.0
49.9
44.7
41.0
40.0
40.0
Copper a (bar, ? per pound)
98.7
79.0
67.1
72.0
62.4
62.1
67.6
64.5
62.9
62.0
Gold ($ per troy ounce)
612.1
460.0
375.5
424.4
360.0
300'.0
319.8
323.2
326
326
Lead a (a per pound)
41.1
32.9
24.7
19.3
20.0
17.2
17.3
1'8.3
17.8
17.9
Manganese Ore
(48% Mn, $ per long ton)
78.5
82.1
79.9
73.3
69.8
69.6
68.4
68.4
67.2
67.2
2.2
2.2
2.5
2'.2
1.9
1.8
Metals week,
New York dealers' price
677.0
446.0
326.7
422.6
358.2
269.3
275.4
294.0
322.5
314.3
Naturale
73.8
56.8
45.4
56.2
49.6
42.0
41.5
42.4
43.0
42.2
Silver ($ per troy ounce)
20.7
10.5
7.9
11.4
8.1
5.9
6.3
6.1
6.2
6.1
Steel Scrap d ($ per long ton)
91.2
92.0
63.1
73.2
86.4
83.7
71.9
72.7
NA
NA
Tin a (? per pound)
761.3
641.4
581.6
590.9
556.6
501.1
541.3
571.0
559
NA
Tungsten Ore
(contained metal,
$ per metric ton)
18,219
18,097
13,426
10,177
10,243
11,515
10,974
10,648
9,964
9,961
US Steel
(finished steel, composite,
$ per long ton)
Zinc a (Q per pound)
34.4
38.4
33.7
34.7
Lumber Index e
(1980= 100)
100
95
84
114
Industrial Materials Index f
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.
d Average of No. I 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.
f 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.
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World Crude Oil Production
Excluding Natural Gas Liquids
1980
1981
1982
1983
1984
19858
1st Qtr
2d Qtr
3d Qtr
Aug
Sep
World
59,793
56,217
53,514
53,098
54,187
53,462
52,380
52,343
51,625
53,182
Non-Communist countries
45,243
41,602
38,810
38,228
39,257
38,672
37,610
37,588
36,876
38,373
Developed countries
12,859
12,886
13,276
13,864
14,302
14,704
14,617
14,643
14,394
14,905
United States
8,597
8,572
8,658
8,680
8,735
8,871
8,972
8,954
8,926
8,978
_
Canada
1,424
1,285
1,270
1,356
1,411
1,463
1,445
1,444
1,450
1,450
United Kingdom
1,619
1,811
2,094
2,299
2,535
2,660
2,471
2,399
2,216
2,600
Norway
528
501
518
614
700
719
728
823
804
840
Other
691
717
736
915
921
991
1,001
1,023
998
1,037
Non-OPEC LDCs
5,443
6,036
6,633
6,823
7,515
7,733
7,802
7,922
7,987
8,023
Mexico
1,936
2,321
2,746
2,666
2,746
2,711
2,724
2,738
2,796
2,800
Egypt
595
598
665
689
827
877
875
890
905
875
Other
2,912
3,117
3,222
3,468
3,942
4,145
4,203
4,294
4,286
4,348
OPEC
26,941
22,680
18,901
17,541
17,440
16,235
15,191
15,023
14,495
15,445
Algeria
1,020
803
701
699
638
660
634
616
600
650
Ecuador
204
211
211
236
253
274
271
282
280
280
Gabon
175
151
154
157
152
150
150
153
150
160
Indonesia
1,576
1,604
1,324
1,385
1,466
1,152
1,167
1,203
1,120
1,070
Iran
1,662
1,381
2,282
2,492
2,187
2,097
2,299
2,335
2,600
2,200
Iraq
2,514
993
972
922
1,203
1,255
1,340
1,482
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
933
900
1,000
Neutral Zone
544
370
317
390
410
480
333
306
280
360
Nigeria
2,058
1,445
1,298
1,241
1,393
1,590
1,351
1,214
1,150
1,450
Qatar
471
405
328
295
399
292
297
312
320
295
Saudi Arabia b
9,631
9,625
6,327
4,867
4,444
3,659
2,731
2,564
2,200
2,800
UAE
1,702
1,500
1,248
1,119
1,097
1,123
1,120
1,193
1,140
1,225
Venezuela
2,165
2,108
1,893
1,781
1,813
1,538
1,641
1,630
1,555
1,555
Communist countries
14,550
14,615
14,704
14,870
14,930
14,790
14,770
14,755
14,749
14,809
USSR
12,030
12,180
12,250
12,330
12,230
11,920
11,870
11,866
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
8 Preliminary.
b Excluding Neutral Zone production, which is shown separately.
Production is"shared equally between Saudi Arabia and Kuwait.
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Big Seven: Inland Oil Consumption
1st Qtr
2d Qtr
3d Qtr
Sep
Oct
United States 16,058 15,296
15,184
15,708
15,807
15,452
15,562
15,115
14;859
4,204
4,193
4,349
4,710
3,577
3,836
3,753
2,012
1,993
2,034
2,242
1,955 .
2,230
France 1,744
United Kingdom 1,325 1,345
1,290
1,624
1,874
1,208
1,226
1,286
Italy b 1,705 1,618
1,594
1,513
1,715
1,276
1,416
1,550
1,554
Canada 1,617 1,454
1,354
1,348
1,327
1,292
1,367
1,339
,1 Including bunkers, refinery fuel, and losses.
b Principal products only prior to 1981.
Big Seven: Crude Oil Imports
1st Qtr
2d Qtr
3d Qtr
Aug
Sep
United States
4,406 3,488
3,329
3,402
2,545
3,397
3,171
3,110
3,213
Japan
3,919 3,657
3,567
3,664
3,777
3,118
3,001
2,936
3,169
West Germany
1,591 1,451
1,307
1,335
1,419
1,265
1,233
1,203
1,259
France
1,804 1,596
1,429
1,395
1,578
1,212
1,472
1,442
United Kingdom
736 565
456
482
534
518
Italy
1,816 1,710
1,532
1,507
1,453
A
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 I I II 1 l i
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OPEC average b
30.87
34.50
33.63
29.31
Algeria
42? API 0.10% sulfur
37.59
39.58
35.79
31.30
Ecuador
28? API 0.93% sulfur
34.42
34.50
32.96
27.59
Gabon
29? API 1.26 % sulfur
31.09
34.83
34.00
29.82
Indonesia
35? API 0.09% sulfur
30.55
35.00
34.92
29.95
Iran
Light
34? API 1.35% sulfur
34.54
36.60
31.05
28.61
Heavy
310 API 1.60% sulfur
33.60
35.57
29.15
27.44
Iraq ~
35? API 1.95% sulfur
30.30
36.66
34.86
30.32
Kuwait
310 API 2.50% sulfur
29.84
35.08
32.30
27.68
Libya
40? API 0.22% sulfur
36.07
40.08
35.69
30.91
Nigeria
34? API 0.16% sulfur
35.50
38.48
35.64
30.22
Qatar
40? API 1.17% sulfur
37.12
34.56
29.95
29.49
Saudi Arabia
Berri
39? API 1.16% sulfur
30.19
34.04
34.68
29.96
Light
34? API 1.70% sulfur
28.67
32.50
34.00
29.46
Medium
31 ? API 2.40% sulfur
28.12
31.84
32.40
27.86
Heavy
27? API 2.85% sulfur
27.67
31.13
31.00
26.46
UAE
39? API 0.75% sulfur
31.57
36.42
34.74
30.38
Venezuela
26? API 1.52% sulfur
28.44
32.88
32.88
28.69
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.
28.70
28.25
28.11
28.13
28.14
28.15
30.50
30.15
29.50
29.50
29.50
29.50
27.50
26.82
26.50
26.15
26.15
26.15
29.00
28.35
28.00
28.00
28.00
28.00
29.53
28.88
28.53
28.53
28.53
28.53
28.00
28.38
28.05
28.05
28.05
28.05
27.10
27.41
27.35
27.35
27.35
27.35
29.43
28.78
28.43
28.43
28.43
28.43
27.30
27.30
27.30
27.30
27.30
27.30
30.40
30.40
30.40
30.40
30.40
30.40
29.12
28.24
28.37
28.37
28.37
28.37
28.48
28.10
28.10
28.10
28.10
28.10
29.52
28.48
28.11
28.11
28.11
28.11
29.00
28.32
28.00
28.00
28.00
28.00
27.40
27.48
27.40
27.20
27.20
27.20
26.00
26.50
26.50
26.00
26.00
26.00
29.56
28.52
28.15
28.15
28.15
28.15
27.88
27.69
27.60
27.10
27.10
27.10
n
h
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 Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200170007-7
OPEC: Average Crude Oil Sales Price
.6 .6 o6
N N N
1 II III 1 F M A M J J A S 0
1985
STAT
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 Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200170007-7
Sanitized Copy Approved for Release 2011/04/18: CIA-RDP88-00798R000200170007-7