ECONOMIC & ENERGY INDICATORS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP88-00798R000800050003-8
• Release Decision: RIFPUB
• Original Classification: U
• Document Page Count: 15
• Document Creation Date: December 22, 2016
• Document Release Date: September 28, 2011
• Sequence Number: 3
• Publication Date: June 7, 1985
• Content Type: REPORT

Approved For Release 2011/09/28 :CIA-RDP88-007988000800050003-8
Directorate of
Intelligence
Economic & Energy
Indicators
DI EEI 85-012
7 June 1985
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 Approved For Release 2011/09/28 :CIA-RDP88-007988000800050003-8
This publication is prepared for the use of US Government
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 Approved For Release 2011/09/28 :CIA-RDP88-007988000800050003-8
Economic & Energy
Indicators
Industrial Production
Gross National Product
Consumer Prices
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
Page
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
United States
2.5
-2.1
3.7
6.8
7.1
1.6
4.2
1.4
Japan
4.1
3.4
3.1
5.7
7.6
2.6
9.6
West Germany
-0.2
-1.0
1.3
2.6
-7.4
9.8
5.8
France
0.2
2.0
0.7
1.6
-1.7
4.7
-0.2
United Kingdom
-0.9
1.5
3.4
1.6
-5.6
-1.4
13.2
Italy
0.2
-0.5
-0.4
2.6
2.7
4.4
-2.3
Canada
3.3
-4.4
3.3
4.7
3.2
6.6
2.3
Percent change from previous period
seasonally adjusted at an annual rate
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Money Supply, M-18
Percent change from previous period
seasonally adjusted at an annual rate
United States b
7.1
6.6
11.2
6.9
10.9
9.4
15.3
5.8
6.3
Japan
3.7
7.1
3.0
2.9
11.5
=8.1
11.0
64.8
West Germany
1.1
3.6
10.3
3.3
1.4
-20.8
-3.7
13.2
France
12.2
13.9
10.0
7.5
United Kingdom
NA
NA
13.0
14.6
0.7
-22.6
-2.4
27.8
46.1
Italy
11.2
11.6
15.3
-11.0
Canada
3.8
0.6
10.2
2.3
-4.6
-33.1
-29.2
16.8
-3.2
b Including MI-A and M1-B.
Unemployment Rate a
P
ercent seas
onally adjusted
1981
1982
1983
1984
1985
1st Qtr
Jan
Feb
Mar
Apr
United States
7.5
9.6
9.5
7.4
7.2
7.3
7.2
7.2
7.2
Japan
2.2
2.4
2.7
2.7
2.5
2.4
2.6
2.6
West Germany
5.6
7.7
9.2
9.1
10.4
10.6
10.5
10.0
9.3
France
7.6
8.6
8.5
9.6
9.9
9.9
9.9
10.0
10.2
United Kingdom
10.0
11.6
12.4
12.6
13.0
12.9
13.0
13.0
13.1
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Foreign Trade a
Bi[[[on
US $, J:o.b.
1981
1982
1983
1984
1985
1st Qtr
Jan
Feb
Mar
United States n
Exports
233.5
212.3
200.7
217.6
55.7
19.4
17.9
18.4
Imports
261.0
244.0
258.2
325.6
84.4
28.3
28.0
28.1
Balance
-27.5
-31.6
"57.5
-107.9
-28.7
-8.9
-10.1
-9.7
Japan
Exports
149.6
138.3
145.5
168.2
40.1
14.1
13.2
1'2.8
Imports
129.5
119.7
?114.1
124.1
28.7
9.6
9.7
9.4
Balance
20.1
18.6
31.5
44.1
11.5
4.6
3.5
3.4
West Germany
Exports
175.4
176.4
169.4
172.0
40.7
14.2
13.6
13.0
Imports ~
163.4
155.3
152.9
153.1
36.3
12.9
11.9
11.5
Balance
11.9
21.1
16.6
18.8
4.5
1.4
1.7
1.5
France
Exports
106.3
96.4
95.1
97.5
22.5
7.1
7.6
7.9
Imports
115.6
110.5
101.0
100.3
23.6
7.5
8.2
8.0
Balance
-9.3
-14.0
-5.9
-2.8
-1.1
-0.4
-0.6
-0.1
United Kingdom
Exports
102.5
97.1
92.1
93.7
22.6
7.4
7.6
7.7
Imports
94.6
93.0
93.8
99.2
24.0
7.5
7.9
8.7
Balance
7.9
4.1
-1.8
-5.5
-1.4
-0.1
-0.3
-1.0
Italy
Exports
75.4
74.0
72.8
73.6
5.7
6.1
Imports
91.2
86.7
80.6
84.3
6.9
7.3
Balance
-15.9
-12.8
-7.8
-10.7
-1.2
-1.1
Canada
Exports
70.5
68.5
73.7
86.8
21.9
7.3
7.1
7.5
Imports
64.4
54.1
59.3
70.8
17.9
6.2
5.8
5.9
Balance
6.1
14.4
14.4
16.1
4.0
1.0
1.3
1.6
Seasonally adjusted.
n Imports are customs values.
Imports are c.i.f.
a Seasonally adjusted; converted to US dollars at current market
rates of exchange.
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Percent changeJYom previous period
at an annual rate
Annual
3d Qtr
4th Qtr
Jan
Feb
Mar
United States
9.2
1.~5
1.0
1.4
-2.5
-3.5
-1.3
-5.2
8.0
Japan
5.5
-6.4
-2.4
0.2
-14.9
-4.7
-14.8
-8.2
-11.2
West Germany
-14.9
-2.8
-3.2
-7.1
-22.9
-12.9
-17.8
-33.9
4.1
France
-12.0
-5.5
-5.0
2.7
-21.4
-9.7
United Kingdom
Nn
-5.9
-4.8
-17.1
-16.3
-34.0
-11.2
68.6
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Percent change JFom previous period
at an annual rate
United Kingdom
2.5
-2.1
-5.0
-2.5
-27.3
0.4
Italy
-9.2
-5.1
-1.6
-3.1
9.4
-10.6
Canada
0.3
0.2
2.3
-2.3
8.5
-13.4
Dollar Cost of Foreign Currency
Japan
2.7
-12.8
4.5
-19.6
-33.5
-32.5
9.6
25.5
West Germany
-24.6
-7.2
-5.2
-11.5
-28.0
-26.3
-58.7
-0.8
54.2
France
-28.7
-20.8
-15.9
-14.7
-26.7
-26.1
-54.7
-1.0
55.4
United Kingdom
-13.2
-13.4
-13.3
-11.9
-28.6
-28.9
-28.9
41.1
212.0
Italy
-32.8
-18.8
-12.3
-15.6
-30.3
-25.0
-66.8
-29.4
46.4
Canada
-2.5
-2.9
0.1
-5.1
-10.5
-1.8
-28.2
-31.5
14.7
Money Market Rates
Percent
1981
1982
1983
1984
1985
1st Qtr
Jan
Feb
Mar
Apr
United States
90-day certificates of
deposit, secondary market
16.24
12.49
9.23
10.56
8.76
8.30
8.84
9.13
8.61
Japan
loans and discounts
(2 months)
7.79
7.23
NA
6.66
6.55
6.56
6.55
6.54
NA
West Germany
interbank loans
(3 months)
12.19
8.82
5.78
5.96
6.12
5.84
6.17
6.35
5.98
France
interbank money market
(3 months)
15.47
14.68
12.51
11.74
10.64
10.47
10.70
10.76
10.58
United Kingdom
sterling interbank loans
(3 months)
13.85
12.24
10.12
9.91
12.98
11.74
13.56
13.63
12.67
Italy
Milan interbank loans
(3 months)
20.13
20.15
18.16
15.91
15.78
15.38
16.00
15.96
15.37
Canada
finance paper (3 months)
18.46
14.48
9.53
11.30
10.59
9.83
10.59
11.35
NA
Eurodollars
3-month deposits
16.87
13.25
9.69
10.86
9.04
8.50
9.19
9.43
8.86
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Australia
(Boneless beef,
f.o.b., US Ports)
United States
(Wholesale steer beef,
midwest markets)
Cocoa
(? per pound)
113.5
89.8
74.3
92.1
106.2
99.2
100
98.9
101.6
Cotl'ee
($ per pound)
1.54
1.28
1.40
1.32
1.44
1.44
1.45
1.41
1.41
Corn
(US # 3 yellow,
c.i.f. Rotterdam
$ per metric ton)
150
150
123
148
150
133
133
133
136
Cotton
(Memphis middling
1 1 / 16 inch, $ per pound)
0.8219
0.7243
0.6073
0.6873
0.6849
0.6062
0.5959
0.6154
0.6241
Palm Oil
(United Kingdom 5% bulk,
c.i.f., $ per metric ton)
583
571
445
502
730
605
595
651
653
Rice ($ per metric ton)
US
(No. 2, milled,
4% c.i.f. Rotterdam)
598
632
481
514
514
496
496
496
496
Thai SWR
(100% grade B
c.i.f. Rotterdam)
522
573
362
339
310
254
256
250
241
Soybeans
(US #2 yellow,
c.i.f. Rotterdam
$ per metric ton)
296
288
244
282
283
240
238
240
293
Soybean Oil
(Dutch, f.o.b. ex-mil.
$ per metric ton)
598
507
447
527
727
651
664
667
693
Soybean Meal
(US, c.i.f. Rotterdam
$ per metric ton)
257
252
219
238
197
157
152
152
155
Sugar
(World raw cane, f.o.b.
Caribbean Ports, spot
prices ?/Ib.)
29.03
16.93
8.42
8.49
5.18
3.69
3.65
3.78
3.37
Tea
Average Auction (London)
(US ? per pound)
101.4
91.0
89.9
105.2
156.6
126.9
127.3
110.4
98.6
'
Wheat
(US # 2. DNS
Rotterdam c.i.f.
$ per metric ton)
209
210
187
183
182
177
182
168
171
Food Indexa
232
203
167
184
194
176
176
176
174
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Major US producer
71.6
77.3
76.0
77.7
81.0
81.0
81.0
81.0
81.0
LME cash
80.8
57.4
44.9
65.1
56.8
49.2
50.0
49.5
49.8
Cbrome Ore
(South Africa chemical
grade, $ per metric ton)
55.0
53.0
50.9
50.0
50.0
49.9
50.0
50.0
50.0
Copper ~ (bar, ? per pound)
98.7
79.0
67.1
72.0
62.4
62.1
63.5.
62.2
66.6
Gold ($ per troy ounce)
612.1
460.0
375.5
424.4
360.0
300.0
302.1
295.3
326.7
Lead a (? per pound) . ,
41.1
32.9
24.7
19.2
20.0
17.2
17.2
15.7
17.3
Manganese Ore
(48% Mn, $ per long ton)
78.5
82.1
79.9
73.3
69.8
69.6
69.8
69.4
68.4
Nickel ($ per pound)
Cathode major producer
3.5
3.5
3.2
3.2
3.2
3.2
3.2
3.2
3.2
LME Cash
3.0
2.7
2.2
2.1
2.2
2.2
2.2
2.3
2.4
Platinum ($ per troy ounce)
Major producer
439.5
475.0
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
422.6
358.2
269.3
276.4.
256.3
286.7
Rubber (? per pound)
Synthetic b
40.6
47.5
45.7
44.0
44.4
46.6
47.7
45.0
NA
Natural ~
73.8
56.8
45.4
56.2
49.6
42.0
42.0
42.0
42.0
Silver ($ per troy ounce)
20.7
10.5
7.9
11.4
8.1
5.9
6.1
5.7
6.4
Steel Scrape ($ per long ton)
91.2
92:0
63.1
73.2
86.4
83.7
82.0
86.8
NA
Tine (? per pound)
761.3
641.4
581.6
590.9
556.6
501.1
499.0
499.7
533.3
Tungsten Ore
(contained metal,
$ per metric ton)
18,219
18,097
13,426
10,177
10,243
11,515
11,568
12,025
11,792
US Steel
(finished steel, composite,
$ per long ton)
486.2
543.5
567.3
590.2
611.61
617.83
617.83
617.83
NA
Zinc a (? per pound)
34.4
38.4
33.7
34.7
41.5
40.0
40:0
41:1
41.4
Lumber Index e
(1975 =100)
167
159
140
190
176
177
180
182
NA
Industrial Materials Index r
184
166
142
152
138
123.2
122.7
122.0
125.8
e Approximates world market price freouently 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.
e Average of No. 1 heavy melting steel scrap and No: 2 bundles
delivered to consumers at Pittsburgh, Philadelphia, and Chicago.
This index is compiled by using the average of 11 types of lumber
whose prices are regarded as bellwethers of US lumber construction.
costs.
rThe industrial materials index is compiled by The Economist for
18 raw materials which enter international trade. Cominodities are
weighted by 3-year moving averages of imports into industrialized'
countries.
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I
I
World Crude Oil Production Thousand b/d
Excluding Natural Gas Liquids
1980
1981
1982
1983
19848
1985
Annual
3d Qtr
4th Qtr
Jan
Feb
World
59,463
55,827 .
53,014
52,588
53,827
,53,195 .
53,661
Non-Communist countries
45,243
41,602
38,810
38,228
39,257
38,711
38,952
Developed countries
12,859
12,886
13,276
13,864
14,302
,14,216
14,618
United States
8,597
8,572
8,658
8,680
8,735
8,776
8,807
8,737
8,911
Canada
1,424
1,285
1,270
1,356
1,411
1,397
1,448
United Kingdom
1,619
1,811
2,094
2,299
2,535
2,451
2,646
2,815
Norway
528
501
518
614
,700
681
764
695
Other
691
717
736
915'
92I
911 '
' 953
1,014
Non-OPEC LDCs
5,443
6,036
6,633
6,823
7,515
7,565
7,704
7,179
Mexico
1,936
2,321
2,746
2,666
2,746
2,724
2,723
2,644
Egypt
595
598
665
689
827
833
890
890
Other
2,912
3,117
3,222
3,468
3,942
4,008
4,091
3,645
OPEC
26,941
22,680
18,901
17,541
17,440
16,930
16,630
14,846
16,391
Algeria
1,020
803
701
699
638
650
633
600
600
Ecuador
204
211
211
236
253
261
253
260
270
Gabon
175
151
154
157
152
157
150
150
150
Indonesia
1,576
1,604
1,324
1,385
1,466
1,400
1,411
1,160
1,190
Iran
1,662
1,381
2,282
2,492
2,187
2,002
2,299
1,400
2,100
Iraq
2,514
993
972
922
1,203
1,249
1,233
1,250
1,250
Kuwait n
1,389
947
663
881
912
933
834
900
900
Libya
1,830
1,137
1,183
1,076
1,073
1,027
1,000
1,000
1,000
Neutral Zone ~
544
370
317
390
410
386
380
420
450
Nigeria
2,058
1,445
~~1,298
1,241
1,393
~ 1,232
'1,600
1,400
1,700
Qatar
471
405
328
295
399 '
' 440
317
345
290
Saudi Arabian
9,631
9,625
6,327
4,867
4,444
4,338
3,699
3,300
3,800
UAE
1,702
1,500
1,248
1,119
-1,097
1,012
1,056
1,106
1,,106
Venezuela
2,165
2,108
1,893
1,781
1,813
1,843
1,765
1,555
1,585
Communist countries
14,220
14,225
14,204
14,360
14,570
14,484
14,709
14,210
USSR
11,700
11,790
11,750
11,820
11,870
11,864
12,067
11,400
China
2,113
2,024
2,044
2,120
2,280
2,200
2,222
2,390
Other
407
411
410
420
420
420
420
420
e Preliminary.
n 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
1980
1981
1982
1983
1984
1985
Annual
Oct
Nov
Dec
Jan
Feb
Mar
United States a
17,006
16;058 '
15,296 ~
1.5,184 '
!5,708
15,631
19,602
15,353
16,142
15,975
15,909
Japan
4,674
4,444
4,204
4,193
4,349
3,880
4,373
5,029
4,683
West Germany
2,356
2,120
2,024
2,009
2,012
1,902
2,076
1,856
2,162
France
1,965
1,744
1,632
1,594
1,531
1,587
1,530
1,577
2,024
1,713
1,503
United Kingdom
1,422
1,325
1,345
1,290
1,624
1,835
1,996
1,870
1,903
Italy b
1,602
1,705
1,618
1,594
1,513
1,502
1,560
1,558
1,763
1,809
1,573
Canada
1,730
1,617
1,454
1,354
1,348
1,410
1,423
1,311
1,363
1,374
a Including bunkers, refinery fuel, and losses.
n Principal products only prior to 1981.
Big Seven: Crude Oil Imports
United States
-----
5,220
4,406
3,488
3,329
3,402
3,751
3,552
3,126
2,700
2,126
2,670
Japan
4,373
3,919
3,657
3,567
3,664
3,405
3,489
3,722
3,194
4,053
West Germany
1,953
1,591
1,451
1,307
1,335
1,060
1,366
1,328
1,360
France
2,182
1,804
1,596
1,429
1,395
1,346
1,325
1,502
1,494
1,538
United Kingdom
893
736
565
456
482
506
478
486
489
Italy
1,860
1,816
1,110
1,532
1,416
Canada
557
521
.334
247
244
187
235
285
Approved For Release 2011/09/28 :CIA-RDP88-007988000800050003-8
 Approved For Release 2011/09/28 :CIA-RDP88-007988000800050003-8
Algeria
42? API 0.10% sulfur
19.65
37.59
39.58
35.79
31.30
30.50
30.15
30.50
30.50
29.50
Ecuador
28? API 0.93% sulfur
22.41
34.42
34.SU
32.96
27.59
27.50
26.82
27.50
26.50
26.50
Gabon
29? API 1.26 % sulfur
18.20
31.09
34.83
34.00
29.82
29.00
28.35
29.00
28.00
28.00
Indonesia
35? API 0.09% sulfur
18.35
30.55
35.00
34.92
29.95
29.53
28.88
29.53
28.53
28.53
Iran
Light
34? API 1.35% sulfur
19.45
34.54
36.60
31.05
28.61
28.00
28.38
29.11
28.05
28.05
Heavy
31 ? API 1.60% sulfur
18.49
33.60
35.57
29.15
27.44
27.10
27.41
27.55
27.35
27.35
Iraq ?
35? API 1.95% sulfur
18.56
30.30
36.66
34.86
30.32
29.43
28.78
29.43
28.43
28.43
Kuwait
31 ? API 2.50% sulfur
18.48
29.84
35.08
32.30
27.68
27.30
27.30
27.30
27.30
27.30
Libya
40? API 0.22% sulfur
21.16
36.07
40.08
35.69
30.91
30.40
30.40
30.40
30.40
30.40
Nigeria
34? API 0.16% sulfur
20.86
35.50
38.48
35.64
30.22
29.12
28.24
27.90
23.37
28.37
Qatar
40? API 1.17% sulfur
19.72
31.76
37.12
34.56
29.95
29.49
28.48
29.24
28.10
28.10
Saudi Arabia
Berri
39? API 1.16% sulfur
19.33
30.19
34.04
34.68
29.96
29.52
28.48
29.27
28.11
28.11
Light
34? API 1.70% sulfur
17.26
28.67
32.50
34.00
29.46
29.00
28.32
29.00
28.00
28.00
Medium
31 ? API 2.40% sulfur
16.79
28.12
31.84
32.40
27.86
27.40
27.48
27.65
27.40
27.40
Heavy
27? API 2.85% sulfur
16.41
27.67
31.13
31.00
26.46
26.00
26.50
26.50
26.50
26.50
UAE
39? API 0.75% sulfur
19.81
31.57
36.42
34.74
30.38
29.56
28.52
29.31
28.15
28.15
Venezuela
26? API 1.52% sulfur
17.22
28.44
32.88
32.88
28.69
27.88
27.69
27.88
27.60
27.60
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 2011/09/28 :CIA-RDP88-007988000800050003-8
 Approved For Release 2011/09/28 :CIA-RDP88-007988000800050003-8
OPEC: Average Crude Oil Sales Price
1985
Approved For Release 2011/09/28 :CIA-RDP88-007988000800050003-8
 Approved For Release 2011/09/28 :CIA-RDP88-007988000800050003-8
Approved For Release 2011/09/28 :CIA-RDP88-007988000800050003-8