ECONOMIC & ENERGY INDICATORS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP88-00798R000800090003-4
• Release Decision: RIFPUB
• Original Classification: U
• Document Page Count: 15
• Document Creation Date: December 22, 2016
• Document Release Date: October 5, 2011
• Sequence Number: 3
• Publication Date: August 2, 1985
• Content Type: REPORT

Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
Directorate of
Intelligence
Economic & Energy
Indicators
2 August 1985
DI EEl 85-016
2 August 1985
Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
 Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
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Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
 Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
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
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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 Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
Percent change from previous period
seasonally adjusted at an annual rate
1st Qtr
2d Qtr
Mar Apr May Jun
United States
2.6
-7.2
5.9
11.6
2.1
2.2
2.9 2.9 1.0 1.9
Japan
1.0
0.4
3.5
11.1
-2.6
11.7
-15.7 39.0 25.1 -8.4
West Germany
-2.3
-3.2
0.3
2.4
-4.6
15.6 18.2 -15.4
France
-2.6
-1.5
1.1
2.6
-3.0
19.8 -23.8 19.9
Gross National Product a Percent change from previous period
seasonally adjusted at an annual rate
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
5.8 4.6 2.7 2.6
Japan
4.9
2.6
1.8
2.3
2.3
1.1
0.2 3.0 -1.0 8.7
West Germany
6.0
5.3
3.3
2.4
3.7
2.6
5.6 1.9 1.4 -0.8
France
13.3
12.0
9.5
7.7
5.7
6.3
6.7 5.9 6.7 6.4
United Kingdom
11.9
8.6
4.6
5.0
7.0
9.8
12.5 12.1 6.0 5.5
Italy
19.3
16.4
14.9
10.6
10.2
10.5
10.9 11.8 9.1 9.1
Canada
12.5
10.8
5.8
4.3
5.4
3.9
2.0 6.3 2.0 3.0
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 Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
Money Supply, M-1 s
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
United Kingdom
NA
NA
13.0
14.7
Italy
11.2
11.6
15.2'
12.0
Canada
3.8
0.7
10.2
3.3
a Based on amounts in national currency units.
b Including M1-A and M1-B.
Percent change from previous period
seasonally adjusted at an annual rate
1st Qtr
2d Qtr
Mar
Apr May Jun
10.9
10.6
5.8
6.0 14.9 21.7
11.1
70.0
-48.2 18.3
1.4
-0.4
13.2
-9.0 -1.2 6.8
1.2
32.4
25.9
41.8 32.4 61.2
21.4
21.3
2.4
3.1
18.8
-11.6 24.3 3.0
Percent seasonally adjusted
1st Qtr
2d Qtr
Mar
Apr May Jun
United States
7.5
9.6
9.5
7.4
7.2
7.2
7.2
7.2
7.2
7.2
Japan
2.2
2.4
2.7
2.7
2.5
2.6
2.4
2.5
West Germany
5.6
7.7
9.2
9.1
9.2
9.4
9.4
9.4
9.4
9.5
France
7.6
8.4
8.6
9.6
10.1
10.1
10.1
10.0
10.0
10.1
United Kingdom
10.0
11.6
12.4
12.6
12.9
13.1
12.9
13.0
13.1
13.2
Italy
8.4
9.1
9.9
10.4
10.8
10.2
Canada
7.5
11.1
11.8
11.3
11.1
10.6
11.2
10.9
10.5
10.5
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 Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
Foreign Trade a
United States b
Exports
233.5
212.3
200.7
217.6
55.7
17.8
17.4
Imports
261.0
244.0
258.2
325.6
84.4
28.3
28.7
Balance
-27.5
-31.6
-57.5
-107.9
-28.7
-10.5
-11.3
Japan
Exports
149.6
138.3
145.5
168.2
40.3
14.2
14.3
Imports
129.5
119.7
114.1
124.1
28.8
10.3
9.8
Balance
20.1
18.6
31.5
44.1
11.5
3.9
4.5
West Germany
Exports
175.4
176.4
169.4
172.0
41.0
42.9
14.5
14.5
13.9
Imports c
163.4
155.3
152.9
153.1
36.5
36.9
12.4
12.4
12.1
Balance
11.9
21.1
16.6
18.8
4.5
6.0
2.1
2.1
1.8
France
Exports
106.3
96.4
95.1
97.5
22.5
24.4
8.2
8.0
8.1
Imports
115.6
110.5
101.0
100.3
23.6
24.7
8.7
8.1
7.9
Balance
-9.3
-14.0
-5.9
-2.8
-1.1
-0.4
-0.4
-0.1
0.2
United Kingdom
Exports
102.5
97.1
92.1
93.7
22.7
25.4
8.5
8.5
8.3
Imports
94.6
93.0
93.8
99.2
24.2
25.7
8.9
8.2
8.6
Balance
7.9
4.1
-1.8
-5.5
-1.5
-0.4
-0.3
0.3
-0.3
Italy
Exports
75.4
74.0
72.8
73.6
17.6
5.5
Imports
91.2
86.7
80.6
84.3
21.4
7.0
Balance
-15.9
-12.8
-7.8
-10.7
-3.8
-1.6
Canada
Exports
70.5
68.5
73.7
86.8
21.9
7.4
7.3
Imports
64.4
54.1
59.3
70.8
18.0
5.9
6.0
Balance
6.1
14.4
14.4
16.1
3.9
1.6
1.3
a Seasonally adjusted.
b Imports are customs values.
c imports are c.i.f.
Japan
4.8
6.9
20.8
35.0
6.8
4.1
3.6
West Germany
-6.8
3.3
4.2
6.0
1.7
3.0
1.3
2.0
-0.2
United Kingdom
15.3
8.5
4.5
0.9
0.1
1.5
0.3
0.9
0.3
a Seasonally adjusted; converted to US dollars at current market
rates of exchange.
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 Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
Percent change from previous period
at an annual rate
United States
9.2
1.5
1.0
1.4
0.1
7.4
-6.7 8.8
Japan
5.5
-6.4
-2.4
0.2
-11.9
-11.2
93.0 -20.0
West Germany
-14.9
-2.8
-3.2
-7.1
-18.9
4.0
119.6 -2.6 18.5
France
-12.0
-5.5
-4.8
-2.9
-12.8
26.4
United Kingdom
NA
NA
-5.9
-4.8
-17.1
68.6
165.9 -5.4 23.8
Italy
-7.8
-3.0
-4.4
-5.2
-13.1
-1.8
Canada
3.9
-2.0
-1.3
-3.7
-0.3
-8.2
7.4 -7.4
Percent change from previous period
at an annual rate
Japan
3.6
-7.4
-5.0
-2.8
-10.9
19.2
-7.2 -2.1
West Germany
-8.6
-4.7
-5.2
-4.8
-12.9
22.1
76.0 -6.8 -1.9
France
-7.8
-7.2
-7.0
-3.8
-10.4
32.4
United Kingdom
NA
NA
-5.2
-4.0
-15.7
57.5
127.8 -19.4 11.1
Italy
1.0
-5.3
-6.6
-3.7
-7.9
12.3
Canada
8.7
-1.1
-3.3
-0.1
-4.8
-7.6
10.6 9.7
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 Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
Exchange Rate Trends
Percent change from previous period
at an annual rate
United States
10.5
10.6
5.8
9.1
26.0
-42.1
6.9
Japan
9.3
-5.7
10.4
6.2
0.9
6.7
1.6
West Germany
-2.1
7.0
5.8
1.0
-0.2
9.3
-3.9
France
-5.1
-6.1
-4.7
-2.1
0.9
11.6
1.5
United Kingdom
2.5
-2.1
-5.0
-2.5
-10.5
86.6
17.2
Italy
-9.2
-5.1
-1.6
-3.1
1.3
-11.9
0.1
Canada
0.3
0.2
2.3
-2.3
- 2.1
- 5.3
-8.2
Dollar Cost of Foreign Currency
Japan
2.7
-12.8
4.5
0
-19.6
9.9
25.2
0.5
12.5
West Germany
-24.6
-7.2
-5.2
-11.5
-28.0
19.0
53.5
-4.3
14.6
United Kingdom
-13.2
-13.4
-13.3
-11.9
-28.6
59.9
207.5
10.5
35.5
Italy
-32.8
-18.8
-12.3
-15.6
-30.3
9.5
45.4
-2.9
14.7
Canada
-2.5
-2.9
0.1
-5.1
-10.5
-5.0
14.3
-9.3
6.7
Money Market Rates
United States
90-day certificates of
deposit, secondary market
16.24
12.49
9.23
10.56
8.76
8.61
9.13
8.61
Japan
loans and discounts
(2 months)
West Germany
interbank loans
(3 months)
12.19
8.82
5.78
5.96
6.12
5.98
6.35
5.98
France
interbank money market
(3 months)
United Kingdom
sterling interbank loans
(3 months)
13.85
12.24
10.12
9.91
12.98
12.67
13.63
12.67
Italy
Milan interbank loans
(3 months)
Canada
finance paper (3 months)
18.46
14.48
9.53
11.30
Eurodollars
3-month deposits
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 Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
Australia
(Boneless beef,
f.o.b., US Ports)
United States
(Wholesale steer beef,
midwest markets)
Cocoa
(? per pound)
Coffee
($ per pound)
Corn
(US #3 yellow,
c.i.f. Rotterdam
$ per metric ton)
Cotton
(World Cotton Prices, "B"
index, c.i.f. Europe, US 0/lb.)
Palm Oil
(United Kingdom 5% bulk,
c.i.f., $ per metric ton)
US
(No. 2, milled,
4% c.i.f. Rotterdam)
Thai SWR
(100% grade B
c.i.f. Rotterdam)
Soybeans
(US #2 yellow,
c.i.f. Rotterdam
$ per metric ton)
Soybean Oil
(Dutch, f.o.b. ex-mil.
$ per metric ton)
Soybean Meal
(US, c.i.f. Rotterdam
$ per metric ton)
Sugar
(World raw cane, f.o.b.
Caribbean Ports, spot
prices 0/lb.)
Tea
Average Auction (London)
(US ? per pound)
Wheat
(US #2. DNS
Rotterdam c.i.f.
$ per metric ton)
Food Index a
(1975=100)
583 571 445 502 730 605 606 610 556
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 Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
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
49.3
50.4
47.5
Chrome Ore
(South Africa chemical
grade, $ per metric ton)
55.0
53.0
50.9
50.0
50.0
49.9
44.7
43.2
41.0
Copper a (bar, 4 per pound)
98.7
79.0
67.1
72.0
62.4
62.1
67.6
70.0
65.7
Gold ($ per troy ounce)
612.1
460:0
375.5
424.4
360.0
300.0
319.8
317.5
315.7
Lead a (4 per pound)
41.1
32.9
24.7
19.3
20.0
17.2
17.3
17.1
17.4
Manganese Ore
(48% Mn, $ per long ton)
78.5
82.1
79.9
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
2.5
2.5
2.5
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
73.8
56.8
45.4
56.2
49.6
42.0
41.5
41.0
41.6
11.4
8.1
5.9
6.3
6.3
6.2
Steel Scrap d ($ per long ton)
91.2
92.0
63.1
73.2
86.4 _
83.7
71.9
70.2
66.3
Tina (4 per pound)
761.3
641.4
581.6
590.9
556.6
501.1
541.3
536.0
556.6
Tungsten Ore
(contained metal,
$ per metric ton)
18,219
18,097
13,426
10,177
10,243
11,515
10,974
10,832
10,195
US Steel
(finished steel, composite,
$ per long ton)
Lumber Index a
(1975=100)
.167
159
140
Industrial Materials Index t
184
166
142
(1975 =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.
c 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.
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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 Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
World Crude Oil Production
Excluding Natural Gas Liquids
1980
1981
1982
1983
1984
1985
1st Qtr
Feb
Mar
Apr
May
World
59,463
55,827
53,014
52,588
53,827
51,855
53,684
52,974
53,037
Non-Communist countries
45,243
41,602
38,810
38,228
39,257
37,638
39,474
38,762
38,588
Developed countries
12,859
12,886
13,276
13,864
14,302
14,587
14,793
14,692
14,721
United States
8,597
8,572
8,658
8,680
8,735
8,737
8,968
8,871
8,907
9,032
Canada
1,424
1,285
1,270
1,356
1,411
1,467
1,450
1,500
1,450
United Kingdom
1,619
1,811
2,094
2,299
2,535
2,728
2,600
2,660
2,621
Norway
528
501
518
614
700
695
755
719
765
Other
691
717
736
915
921
977
970
975
978
Non-OPEC LDCs
5,443
6,036
6,633
6,823
7,515
7,682
7,949
7,792
7,957
Mexico
1,936
2,321
2,746
2,666
2,746
2,634
2,810
2,711
2,820
2,792
Egypt
595
598
665
689
827
890
935
916
915
Other
2,912
3,117
3,222
3,468
3,942
4,158
4,204
4,165
4,222
OPEC
26,941
22,680
18,901
17,541
17,440
15,369
16,732
16,278
15,910
14,446
Algeria
1,020
803
701
699
638
625
690
660
600
600
Ecuador
204
211
211
236
253
268
283
276
280
280
Gabon
175
151
154
157
152
150
150
150
150
150
Indonesia
1,576
1,604
1,324
1,385
1,466
1,150
1,152
1,152
1,050
1,050
Iran
1,662
1,381
2,282
2,492
2,187
1,800
2,300
2,097
2,400
2,000
Iraq
2,514
993
972
922
1,203
1,300
1,300
1,300
1,300
1,370
Kuwait b
1,389
947
663
881
912
900
850
914
800
800
Libya
1,830
1,137
1,183
1,076
1,073
1,000
1,100
1,034
1,000
1,100
Neutral Zone c
544
370
317
390
410
460
502
481
340
280
Nigeria
2,058
1,445
1,298
1,241
1,393
1,400
1,700
1,590
1,600
1,430
Qatar
471
405
328
295
399
- 280
315
292
260
290
Saudi Arabia b
9,631
9,625
6,327
4,867
4,444
3,400
3,700
3,659
3,300
2,450
UAE
1,702
1,500
1,248
1,119
1,097
1,106
1,155
1,123
1,155
1,161
Venezuela
2,165
2,108
1,893
1,781
1,813
1,530
1,535
1,550
1,555
1,555
Communist countries
14,220
14,238
14,289
14,396
14,417
14,217
14,210
14,212
14,449
USSR
11,700
11,800
11,830
11,864
11,728
11,407
11,400
11,402
11,639
China
2,113
2,024
2,044
2,120
2,280
2,390
2,390
2,390
2,390
2,480
Other
407
414
415
412
409
420
420
420
420
420
a Preliminary.
b Excluding Neutral Zone production, which is shown separately.
c Production is shared equally between Saudi Arabia and Kuwait.
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 Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
Big Seven: Inland Oil Consumption
United States a
17,006
16,058
15,296
15,184
15,708
15,813
15,321
15,345
15,160
15,276
Japan
4,674
4,444
4,204
4,193
4,349
West Germany
2,356
2,120
2,024
2,009
2,012
1,993
1,815
France
1,965
1,744
1,632
1,594
1,531
1,766
1,561
1,390
1,288
United Kingdom
1,422
1,325
1,345
1,290
1,624
1,872
1,599
Italy b
1,602
1,705
1,618
1,594
1,513
1,715
1,573
1,368
Canada
1,730
1,617
1,454
1,354
1,348
1,343
1,244
1,269
a Including bunkers, refinery fuel, and losses.
b Principal products only prior to 1981.
Big Seven: Crude Oil Imports
United States
5,220
4,406
3,488
3,329
3,402
2,545
2,808
3,401
3,488
3,301
Japan
4,373
3,919
3,657
3,567
3,664
3,777
4,083
West Germany
1,953
1,591
1,451
1,307
1,335
1,419
1,529
1,242
France
2,182
1,804
1,596
1,429
1,395
1,578
1,701
1,469
United Kingdom
893
736
565
456
482
534
671
Italy
1,860
1,816
1,710
1,532
1,507
Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
 Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
OPEC average b
18.67
30.87
34.50
33.63
29.31
28.70
28.25
28.11
28.11
28.11
Algeria
42? API 0.10% sulfur
19.65
37.59
39.58
35.79
31.30
30.50
30.15
29.50
29.50
29.50
Ecuador
28? API 0.93% sulfur
22.41
34.42
34.50
32.96
27.59
27.50
26.82
26.50
26.50
26.50
Gabon
29? API 1.26 % sulfur
18.20
31.09
34.83
34.00
29.82
29.00
28.35
28.00
28.00
28.00
Indonesia
35? API 0.09% sulfur
18.35
30.55
35.00
34.92
29.95
29.53
28.88
28.53
28.53
28.53
Light
34? API 1.35% sulfur
19.45
34.54
36.60
31.05
28.61
28.00
28.38
28.05
28.05
28.05
Heavy
31 ? API 1.60% sulfur
18.49
33.60
35.57
29.15
27.44
27.10
27.41
27.35
27.35
27.35
Iraq c
35? API 1.95% sulfur
18.56
30.30
36.66
34.86
30.32
29.43
28.78
28.43
28.43
28.43
Kuwait
311 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
28.37
28.37
28.37
Qatar
40? API 1.17% sulfur
19.72
31.76
37.12
34.56
29.95
29.49
28.48
28.10
28.10
28.10
Berri
39? API 1.16% sulfur
19.33
30.19
34.04
34.68
29.96
29.52
28.48
28.11
28.11
28.11
Light
34? API 1.70% sulfur
17.26
28.67
32.50
34.00
29.46
29.00
28.32
28.00
28.00
28.00
Medium
31 ? API 2.40% sulfur
16.79
28.12
31.84
32.40
27.86
27.40
27.48
27.40
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
28.15
28.15
28.15
Venezuela
26? API 1.52% sulfur
17.22
28.44
32.88
32.88
28.69
27.88
27.69
27.60
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.
c Beginning in 1981 the price of Kirkuk (Mediterranean) is used in
calculating the OPEC average official sales price.
Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
 Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
OPEC: Average Crude Oil Sales Price
11.29 11.02 11.77 12.88 12.93
- - F-1 F7
`o o v
I t H I `~
n
'r
n r; n n '
. a
N N N N N
28.59
28.09 28.06 28.10 28.1128.11
1 11 111 IV 1 11 111 IV 1 II 111 IV 1 11 111 IV 1 II III IV I 11 111 IV I 11 J F M A M J
1979 1980 1981 1982 1983 1984 1985
The 1973 price is derived from posted prices, not official sales prices.
Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
 Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4
Approved For Release 2011/10/05: CIA-RDP88-00798R000800090003-4