ECONOMIC & ENERGY INDICATORS

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP88-00798R000800150003-7
Release Decision: 
RIFPUB
Original Classification: 
U
Document Page Count: 
15
Document Creation Date: 
December 22, 2016
Document Release Date: 
September 29, 2011
Sequence Number: 
3
Case Number: 
Publication Date: 
October 25, 1985
Content Type: 
REPORT
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PDF icon CIA-RDP88-00798R000800150003-7.pdf652.48 KB
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Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Directorate of Intelligence Economic & Energy Indicators DI EEI 85-022 25 October 1985 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 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. 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Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Economic & Energy Indicators Page Economic Industrial Production Gross National Product 1 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 Energy World Crude Oil Production, Excluding Natural Gas Liquids 8 Big Seven: Inland Oil Consumption Big Seven: Crude Oil Imports OPEC: Crude Oil Official Sales Price OPEC: Average Crude Oil Official Sales Price (Chart) 9 9 10 11 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Percent change from previous period seasonally adjusted at an annual rate Percent change from previous period seasonally adjusted at an annual rate Percent change from previous period seasonally adjusted at an annual rate Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Money Supply, M-1 a 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 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 1st Qtr 2d Qtr Jun Jul Aug Sep 10.9 10.6 21.7 9.7 22.4 12.1 11.3 -0.4 57.0 -29.2 3.7 1.4 -0.4 6.8 2.5 11.7 12.7 1.2 32.4 61.2 -20.9 45.7 0.9 20.0 12.5 7.7 3.5 3.5 2.1 8.6 19.3 19.8 a Based on amounts in national currency units. b Including MI-A and M1-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 Italy 8.4 9.1 9.9 10.4 1st Qtr 2d Qtr 3d Qtr Jul Aug Sep 7.0 7.2 7.2 7.2 6.9 7.0 2.5 2.5 2.6 2.6 9.2 9.4 9.4 9.5' 9.4 9.4 10.0 9.9 10.3 10.2 10.3 10.4 12.9 13.1 13.2 13.2 13.3 13.1 10.8 10.2 a Unemployment rates for France are estimated. Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Foreign Trade a United States b Exports 233.5 212.3 200.7 217.6 55.7 52.6 17.4 17.4 Imports 261.0 244.0 258.2 325.6 84.4 86.4 26.6 26.1 Balance -27.5 -31.6 -57.5 -108.0 -28.7 -33.8 -9.2 -8.7 Japan Exports 149.6 138.2 145.5 168.2 40.4 42.5 14.4 14.6 Imports 129.5 119.7 114.1 124.1 28.9 29.5 9.7 9.6 Balance 20.1 18.6 31.5 44.1 11.6 13.0 4.7 5.0 West Germany Exports 175.4 176.4 169.5 171.9 40.9 43.7 17.2 15.8 Imports 163.4 155.3 152.8 153.1 36.5 37.2 14.4 14.1 Balance 11.9 21.1 16.6 18.8 4.4 6.5 2.7 1.7 France Exports 106.3 96.4 95.1 97.5 22.5 24.4 8.4 8.8 8.9 Imports 115.6 110.5 101.0 100.3 23.6 24.7 8.8 8.8 9.2 Balance -9.3 -14.0 -5.9 -2.8 -1.1 -0.4 -0.4 0 -0.3 United Kingdom Exports 102.5 97.1 92.1 93.7 22.7 25.4 8.7 8.4 Imports 94.6 93.1 93.7 99.1 24.1 25.7 8.8 8.6 Balance 7.9 4.0 -1.6 -5.3 -1.4 -0.3 -0.1 -0.3 Italy Exports 75.4 74.0 72.8 73.6 17.7 18.2 6.4 7.0 Imports 91.2 86.8 80.6 84.4 21.6 21.9 6.9 7.2 Balance -15.9 -12.8 -7.9 -10.8 -3.8 -3.6 -0.6 -0.2 Canada Exports 70.5 68.5 73.7 86.5 22.0 21.8 6.6 7.3 Imports 64.4 54.1 59.3 70.6 17.9 18.5 6.4 6.6 Balance 6.1 14.4 14.4 15.9 4.1 3.3 0.2 0.8 a Seasonally adjusted. b Imports are customs values. Imports are c.i.f. Italy -8.6 -5.7 0.6 -3.2 a Seasonally adjusted; converted to US dollars at current market rates of exchange. Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 % Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Percent change from previous period at an annual rate West Germany -14.9 -2.8 -3.2 -7.1 -18.9 26.8 18.2 84.7 58.2 United Kingdom NA NA -6.2 -5.1 -16.2 57.1 23.8 101.5 1.0 Percent change from previous period at an annual rate West Germany -8.6 -4.7 -5.2 -4.8 -13.2 19.9 2.7 56.2 28.5 France -7.8 -7.2 -7.0 -3.8 -10.6 15.4 4.8 United Kingdom NA NA -5.7 -4.6 -15.4 46.1 11.1 89.7 -17.2 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Exchange Rate Trends Percent change from previous period at an annual rate 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) 7.79 7.23 NA 6.66 6.55 6.54 6.53 6.52 6.51 West Germany interbank loans (3 months) 12.19 8.82 5.78 5.96 6.12 5.98 France interbank money market (3 months) 15.47 14.68 12.51 11.74 10.64 10.58 United Kingdom 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) 18.46 14.48 9.53 11.30 10.59 Eurodollars 3-month deposits 16.87 13.25 9.69 10.86 9.04 8.74 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Agricultural Prices Bananas Fresh imported, (Total world, $ per metric ton) Australia (Boneless beef, f.o.b. US Ports) 125.2 112.1 108.4 110.7 101.1 100.2' 93.3 93.6 93.8 94.3 United States (Wholesale steer beef, midwest markets) 104.3 100.0 101.4 97.6 100.9 96.6 81 80.4 79.0 80.7 Cocoa (? per pound) 113.5. 89,8 74.3 92.1 1062: 99.2 96.4 98.4 98.2, 101.3 Coffee ($ per pound) 1.54 1.28 1.40 1.32 1.44 1.44 1.42 1.33 1.33 1.33 Corn (US #3 yellow, c.i.f. Rotterdam, $ per metric ton) 150 150 123 148 150 133 133 118 115 1'13 Cotton (World Cotton Prices, "A" index, c.i.f. Osaka, US 0/lb.) 93.20 72.69 74.48 85.71 63.91 62.27 63.78 56.76 55.80 53.58 Palm Oil (United kingdom 5% bulk, c.i.f., $ per metric ton) 583 571 445 502 730 605 606 417 404 360 US (No. 2, milled, 4% c.i.f. Rotterdam) Thai SWR (100% grade B c.i.f. Rotterdam) 522 573 362 339 310 254, 243 236 238 241 Soybeans (US # 2 yellow, c.i.f. Rotterdam, $ per metric ton) 296 288 244 282 283 240 236 213 209 206 Soybean Oil (Dutch, f.o.b. ex-mill, $ per metric ton) 598 507 447 527 727 651 658 518 518 469' Soybean Meal (US, c.i.f. Rotterdam $ per metric ton) 257 ` 252 219 238 197 159 146 152 150 160 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 4.35 5.14 Tea Average Auction (London) (? per pound) 101.4 91.0 89.9 105.2 156.6 126.9 82.8 72.3 72.2 73.3 Wheat (US #2. DNS c.i.f. Rotterdam, $ per metric ton) 209 210 187 183 182 177 169 154 148 156 9 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. Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Chrome Ore (South Africa chemical grade, $ per metric ton) 50.0 49.9 44.7 41.0 41.0 41.0 Manganese Ore (48% Mn, $ per long ton) 78.5 82.1 79.9 73.3 Metals week, New York dealers' price 677.0 446.0 326.7 422.6 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 74.2 72.8 Tina (? per pound) 761.3 641.4 581.6 590.9 556.6 501.1 541.3 571.0 574.6 562.7 Tungsten Ore (contained metal, $ per metric ton) US Steel (finished steel, composite, $ per long ton) Lumber Index (1980=100) 100 95 84 114 Industrial Materials Index r 100 84.7 71.2 82.2 75.9 69.7 72.4 68.6 68.6 66.3' (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. 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. rThe 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. Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 World Crude Oil Production Excluding Natural Gas Liquids World 59,463 55,827 53,014 52,588 53,827 53,462 53,413 50,214 Non-Communist countries 45,243 41,602 38,810 38,228 39,257 38,672 37,665 35,634 36,957 Developed countries 12,859 12,886 13,276 13,864 14,302 14,704 14,617 14,230 14,651 United States 8,597 8,572 8,658 8,680 8,735 8,871 8,972 8,975 8,958 Canada 1,424 1,285 1,270 1,356 1,411 1,463 1,445 1,436 1,450 United Kingdom 1,619 1,811 2,094 2,299 2,535 2,660 2,471 2,190 2,387 Norway 528 501 518 614 700 719 728 652 827 Other 691 717 736 915 921 991. 1,001 977 1,029 Non-OPEC LDCs 5,443 6,036 6,633 6,823 7,515 7,733 7,802 7,626 7,726 Mexico 1,936 2,321 2,746 2,666 2,746 2,711 2,724 2,555 2,620 Egypt 595 598 665 689 827 877 875 887 870 Other 2,912 3,117 3;222 3,468 3,942 4,145 4,203 4,184 4,236 OPEC 26,941 22,680 18,901 17,541 17,440 16,235 15,246 13,778 14,580 13,315 Algeria 1,020 803 701 699 638 660 634 600 600 650 Ecuador 204 211 211 236 253 274 271 268 250 280 Gabon 175 151 154 157 152 150 150 150 150 150 Indonesia 1,576 1,604 1,324 1,385 1,466 1,152 1,167 850 1,050 1,050 Iran 1,662 1,381 2,282 2,492 2,187 2,097 2,299 2,200 2,400 2,500 Iraq 2,514 993 972 922 1,203 1,255 1,340 1,360 1,440 1,400 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 1,057 970 900 1,000 Neutral Zone c 544 370 317 390 410 480 333 280 280 300 Nigeria 2,058 1,445 1,298 1,241 1,393 .1,590 1,367 1,100 1,000 1,300 Qatar 471 405 328 295 399 292 297 300 300 300 Saudi Arabia b 9,631 9,625 6,327 4,867 4,444 3,659 2,731 2,300 2,700 2,200 UAE 1,702 1,500 1,248 1,119 1,097 1,123 1,120 1,045 1,155 1,155 Venezuela 2,165 2,108 - 1,893, 1,781 1,813 1,538 1,680 1,555 1,555 1,385 Communist countries 14,220 14,238 14,289 14,396 14,417 14,790 14,748 14,580 USSR 11,700 11,800 11,830 11,864 11,728 11,920 11,848 11,680 China 2,113 2,024 2,044 2,120 2,280 2,450 2,480 2,480 a Preliminary. b Excluding Neutral Zone production, which is shown separately. c Production is shared equally between Saudi Arabia and Kuwait. Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Big Seven: Inland Oil Consumption Thousand b/d n Including bunkers, refinery fuel, and losses. b Principal products only prior to 1981. Big Seven: Crude Oil Imports West Germany 1,953 1,591 1,451 1,307 1,335 1,419 1,235 1,313 1,168 France 2,182 1,804 1,596 1,429 1,395 1,578 1,139 1,148 1 349 United Kingdom 893 736 565 456 482 534 598 324 376 Italy 1,860 1,816 1,710 1,532 1,507 1,453 Canada 557 521 334 247 244 189 317 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 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 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 311 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 30.30 36.66 34.86 30.32 29.43 28.78 28.43 28.43 28.43 28.43 Kuwait 311 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 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 311 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 271 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 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. 0 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 OPEC: Average Crude Oil Sales Price 28.59 28-09 28.06 28.10 28.1128:1228.00 28.04 28.14 1 11 III IV I II III IV I II III IV I II III IV I II III IV I II III IV I H J F M A M J J A S 1979 1980 1981 1982 1983 1984 1985 The 1973 price is derived from posted prices, not official sales prices. Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7 Approved For Release 2011/09/29: CIA-RDP88-00798R000800150003-7