Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Directorate of
Intelligence
Economic & Energy
Indicators
DI EEI 87-016
31 July 1987
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
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Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Economic & Energy
Indicators
Economic Industrial Production
Gross National Product
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
Crude Oil Prices 9
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Percent change from previous period
seasonally adjusted at an annual rate
United States
2.6
-7.2
5.9
11.2
2.0
1.0
3.2 0.9 0 6.8
Japan
1.0
0.4
3.5
11.1
4.6
-0.4
5.6 22.8 -17.7 -15.5
West Germany
-2.3
-3.2
0.3
3.3
3.9
2.3
-3.5 -6.7 -22.6
France
-2.6
-1.5
1.1
1.7
0.8
0.6
-1.3 12.4 -11.0 12.4
United Kingdom
-3.9
2.1
3.9
1.3
4.7
1.9
5.0 1.1 -8.2 14.9
Italy
-1.6
-3.1
-3.2
3.4
1.2
2.7
11.5 29.1 -19.8 54.8
Canada
0.5
-10.0
5.3
8.8
4.3
Percent chan
seasonally adj
ge from prev
usted at an
ious period
annual rate
United States
2.5
-2.5
3.6
6.8
3.0
2.9
1.4
1.5
4.4
Japan
4.1
3.1
3.3
5.0
4.7
2.5
3.0
2.9
4.9
West Germany
-0.2
-1.0
1.8
3.0
2.5
2.4
3.0
-0.6
-3.1
France
0.2
1.8
0.7
1.7
2.2
2.1
2.1
United Kingdom
-1.4
1.9
3.5
2.8
3.4
2.8
2.9
3.9
5.3
Italy
0.2
-0.5
-0.2
3.5
2.7
2.7
0.1
1.2
-1.5
Canada
3.3
-4.4
3.1
6.3
4.3
3.3
0.4
0
6.3
Percent chan
seasonally adj
ge from prev
usted at an
ious period
annual rate
United States
10.3
6.2
3.2
4.3
3.6
1.9
5.3
4.9
4.3
4.9
2.6
1.9
2.3
2.0
0.6
-2.2
5.6
2.4
United Kingdom
11.9
8.6
4.6
5.0
6.1
3.4
5.8
1.6
2.3
19.3
16.4
14.9
10.6
8.6
6.1
4.0
4.3
5.3
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Money Supply, M-1 a
Percent change from previous period
seasonally adjusted at an annual rate
1981
1982
1983
1984
1985
1986
1987
United States b
7.1
6.6
11.2
7.0
9.2
13.4
13.8
19.2
4.6
Japan
3.7
7.1
3.7
2.8
5.0
6.9
12.4
19.2
27.6
West Germany
1.1
3.6
10.2
3.2
4.5
9.9
6.0
18.9
15.5
France
12.2
13.9
10.4
9.0
7.6
9.7
14.9
United Kingdom
NA
NA
13.0
20.6
1.6
61.1
Italy
11.2
11.6
15.1
12.3
13.7
10.2
3.7
8.3
Canada
3.8
0.7
10.1
3.4
4.2
4.9
13.2
78.1
13.0
a Based on amounts in national currency units.
b Including M1-A and M1-B.
Unemployment Rate a
1981
1982
1983
1984
1985
1986
1987
United States
7.5
9.6
9.4
7.4
7.1
6.9
6.6
6.1
6.0
Japan
2.2
2.4
2.7
2.7
2.6
2.8
2.9
West Germany
5.6
7.7
9.2
9.1
9.3
8.9
8.8
8.8
8.9
France
7.6
8.4
8.6
9.8
10.2
10.4
10.9
10.9
10.9
United Kingdom
10.0
11.6
10.7
11.1
11.3
11.5
11.1
10.7
10.5
Italy
8.4
9.1
9.9
9.9
10.3
11.1
11.9
Canada
7.5
11.1
11.9
11.3
10.5
9.6
9.6
9.1
8.9
a Prior to May 1986, unemployment rates for France were estimated.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Foreign Trade a
United States b
Exports
233.5
212.3
200.6
218.8
212.7
216.7
55.6
19.9
19.5
Imports
261.0
244.0
258.4
326.1
345.8
366.4
93.1
31.2
32.5
Balance
-27.5
-31.6
-57.9
-107.3
-133.1
-149.7
-37.5
-11.3
-13.0
Japan
Exports
149.6
138.2
145.5
168.0
173.8
205.3
54.7
18.3
17.9
Imports
129.5
119.6
114.0
124.1
118.0
112.9
27.0
10.0
10.0
Balance
20.1
18.6
31.4
43.9
55.8
92.4
27.7
8.3
7.9
West Germany
Exports
175.4
176.4
169.5
171.9
184.2
243.6
68.8
23.9
23.5
Imports c
163.4
155.3
152.9
153.1
158.9
191.1
52.8
18.7
18.7
Balance
11.9
21.1
16.6
18.8
25.3
52.6
16.0
5.2
4.9
France
Exports
106.3
96.4
95.1
97.5
101.9
125.0
34.6
11.9
11.7
Imports
115.6
110.5
101.0
100.3
104.5
124.9
35.6
12.5
12.6
Balance
-9.3
-14.0
-5.9
-2.8
-2.6
0.1
-1.0
-0.6
-0.9
United Kingdom
Exports
102.5
97.1
92.0
93.7
101.0
106.8
30.3
10.7
10.4
Imports
94.6
93.1
93.3
99.4
103.6
118.9
32.0
11.5
12.3
Balance
7.9
4.0
-1.3
-5.7
-2.6
-12.1
-1.7
-0.8
-1.9
Italy
Exports
75.4
73.9
72.8
73.5
78.8
97.9
27.1
9.5
9.4
Imports
91.2
86.7
80.7
84.4
90.9
99.9
28.7
10.2
9.8
Balance
-15.9
-12.8
-7.9
-11.0
-12.1
-2.1
-1.6
-0.7
-0.5
Canada
Exports
70.5
68.5
73.6
86.5
87.6
86.9
22.9
7.5
7.5
Imports
64.4
54.1
59.3
70.6
75.2
79.4
20.8
6.4
6.8
Balance
6.1
14.4
14.3
15.9
12.4
7.5
2.1
1.2
0.7
a Seasonally adjusted.
b Imports are customs values.
c imports are c.i.f.
United States
6.3
-8.1
-46.6
-107.0
-116.4
-141.4
-37.1
Japan
4.8
6.9
20.8
35.0
49.2
85.8
21.0
8.5
8.0
7.1
West Germany
-6.8
3.3
4.3
8.1
15.8
37.7
10.9
4.5
3.4
4.2
France
-4.7
-12.1
-4.9
-0.8
0.1
3.9
0.3
United Kingdom
15.3
8.5
4.7
1.8
4.5
-0.2
1.0
0.3
0.2
-0.9
Canada
-5.0
2.1
2.4
2.6
-0.9
-6.7
-1.7
a Seasonally adjusted; converted to US dollars at current market
rates of exchange.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Percent chang
e from pre
at an
vious period
annual rate
1981
1982
1983
1984
1985
1986
1987
United States
9.2
1.5
1.0
1.4
-0.7
0.4
-3.8
5.8
Japan
5.5
-6.4
-2.4
0.2
-0.6
20.7
17.4
90.8
-21.4
West Germany
-14.9
-2.8
-3.2
-7.1
0
32.0
36.7
18.4
16.1
France
-12.0
-5.5
-4.8
-2.9
2.5
United Kingdom
NA
NA
-6.2
-5.1
2.3
7.9
45.2
33.4
20.1
Italy
-7.8
-3.0
-4.4
-5.1
-0.3
21.9
22.1
31.5
Canada
3.9
-2.0
0.2
-0.4
-5.6
-5.2
11.3
-0.4
-8.8
Import Prices in US $
Percent change from previous period
at an annual rate
1981
1982
1983
1984
1985
1986
1987
United States
5.3
-2.0
-3.7
1.7
-2.4
-3.3
8.1
16.2
Japan
3.6
-7.4
-5.0
-2.8
-4.3
-13.4
39.8
32.3
-7.7
West Germany
-8.6
-4.7
-5.2
-4.8
-1.5
9.3
33.7
22.5
16.8
France
-7.8
-7.2
-7.0
-3.8
-0.4
United Kingdom
NA
NA
-5.7
-4.5
0.5
5.1
46.4
11.9
7.9
Italy
1.0
-5.3
-6.6
-3.7
-1.0
4.9
33.8
33.4
Canada
8.7
-1.1
0.6
1.0
-6.2
-2.3
9.8
11.8
2.3
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Exchange Rate Trends
Percent change from previous period
at an annual rate
1981
1982
1983
1984
1985
1986
1987
United States
10.5
10.6
5.8
9.1
6.3
-13.3
-19.7
Japan
9.3
-5.7
10.4
6.2
6.8
32.7
4.9
West Germany
-2.1
7.0
5.8
1.0
1.7
8.8
8.8
-5.1
-6.1
-4.7
-2.1
2.7
3.7
1.5
2.5
-2.1
-5.0
-2.5
2.0
-6.6
5.9
-9.2
-5.1
-1.6
-3.1
-3.8
2.7
-2.1
0.3
0.2
2.3
-2.3
-3.6
-6.9
8.0
Japan
2.7
-12.9
4.6
0
-0.3
29.3
16.6
24.9
17.0
-39.9
West Germany
-24.6
-7.2
-5.2
-11.5
-3.3
26.2
29.0
7.1
12.9
-22.2
France
-28.7
-20.8
-15.9
-14.7
-2.7
22.8
24.1
6.6
9.5
-21.8
United Kingdom
-13.2
-13.4
-13.3
-11.9
-3.0
13.2
35.1
27.7
21.1
-19.0
Italy
-32.8
-18.8
-12.3
-15.6
-8.6
21.8
21.5
2.1
-0.3
-25.8
Canada
-2.5 ,
-2.9
0.1
-5.1
-5.4
-1.7
12.4
1.3
-22.3
-2.3
Money Market Rates
United States
90-day certificates of
secondary market
deposit
,
Japan
loans and discounts
(2 months)
West Germany
interbank loans
(3 months)
France
interbank money market
(3 months)
United Kingdom
sterling interbank loans
(3 months)
13.85
12.24
10.12
9.91
12.21
10.91
10.12
9.99
11.27
Italy
Milan interbank loans
(3 months)
20.13
20.15
18.16
15.91
14.95
12.84
12.74
11.43
11.33
Canada
finance paper (3 months)
Eurodollars
3-month deposits
16.87
13.25
9.69
10.86
8.40
6.83
7.00
6.29
6.15
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Agricultural Prices
1981
1982
1983
1984
1985
1986
1987
Year
4th Qtr 1st Qtr Apr
May
Jun
Bananas
Fresh imported,
(Total world, $ per metric ton)
214.0
217.0
232.0
243.0
110.3
108.9
108.4
116.3
125.0
NA
NA
Beef (? per pound)
Australia
(Boneless beef,
f.o.b. US Ports)
112.4
107.4
111.1
101.0
96.6
95.2
99.3
103.4
109.5
108.1
105.2
United States
(Wholesale steer beef,
midwest markets)
100.0
101.4
97.6
100.9
90.7
88.7
92.9
90.4
99.1
107.4
105.8
Cocoa (0 per pound)
89.8
74.3
92.1
106.2
98.7
89.3
87.9
86.0
89.9
89.8
87
0
Coffee ($ per pound)
1.28
1.40
1.32
1.44
1.43
1.71
1.47
1.12
1.03
1.11
.
1.03
Corn
(US #3 yellow,
c.i.f. Rotterdam, $ per metric ton)
150
123
148
150
125
101
84
82
88
95
96
Cotton
(World Cotton Prices, "A"
index, c.i.f. Osaka, US 4/lb.)
72.69
74.48
85.71
63.91
57.87
47.52
52.06
65.87
NA
NA
NA
Palm Oil
(United Kingdom 5% bulk,
c.i.f., $ per metric ton)
571
445
502
730
501
257
288
330
339
341
340
US (No. 2, milled,
4% c.i.f. Rotterdam)
632
481
514
514
484
348
300
224
224
261
283
Thai SWR
(100% grade B
c.i.f. Rotterdam)
573
362
339
310
249
229
221
233
245
241
240
Soybeans
,(US #2 yellow,
c.i.f. Rotterdam, $ per metric ton)
288
244
282
283
225
208
201
200
206
227
229
Soybean Oil
(Dutch, f.o.b. ex-mill,
$ per metric ton)
507
447
527
727
571
342
317
309
333
351
350
Soybean Meal
(US, c.i.f. Rotterdam
$ per metric ton)
252
219
238
197
157
185
182
182
185
203
211
Sugar
(World raw cane, f.o.b.
Caribbean Ports, spot prices ? per pound)
16.93
8.42
8.49
5.18
4.04
6.05
5.67
7.10
6.64
6.71
6.40
Tea
Average Auction (London)
(? per pound)
91.0
89.9
105.2
156.6
90.0
87.5
92.1
85.5
67.9
65.3
60.0
Wheat
(US #2. DNS
c.i.f. Rotterdam, $ per metric ton)
210
187
183
182
169
148
135
141
138
141
137
Food Index a (1980=100)
88
78
86
92
81
88
81
80
83
88
88
8 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.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Industrial Materials Prices
87
1981
1982
1983
1984
1985
1986
19
Year
4th Qtr 1st Qtr Apr
May
Jun
8
0
81
0
81
0
roducer
Major US
77.3
76.0
77.7
81.0
81.0
81.0
81.0
1.
.
.
p
57
8
63
3
9
63
67
0
LME cash
57.4
44.9
65.1
56.8
47.2
52.2
52.0
.
.
.
.
0
0
0
40
40
0
40
0
Chrome Ore
(South Africa chemical
er metric ton)
de
$
53.0
50.9
50.0
50.0
43.9
40.0
40.0
4
.
.
.
.
,
p
gra
3
67
3
5
68
71
2
0 per pound)
er a (bar
Co
79.0
67.1
72.0
62.4
64.5
62.3
59.8
63.
.
.
.
,
pp
7
5
3
429
459
3
452
6
er troy ounce)
Cold ($
460.0
375.5
424.4
360.0
317.2
366.1
404.1
40
.
.
.
.
p
3
7
23
30
9
6
28
er pound)
Lead a (0
32.9
24.7
19.3
20.0
17.7
18.4
21.5
21.
.
.
.
p
8
64
0
61
4
4
61
Manganese Ore
er long ton)
$
48% Mn
82.1
79.9
73.3
69.8
68.4
65.5
64.8
64.
.
.
.
,
p
(
ound)
er
l ($
Ni
k
p
c
e
p
2
2
3
3
2
2
3
Cathode major producer
3.5
3.2
3.2
3.2
3.2
3.2
3.2
3.
.
.
.
7
1
7
2
0
2
0
LME Cash
2.7
2.2
2.1
2.2
2.2
1.75
1.6
1.
.
.
.
Platinum ($ per troy ounce)
600
0
0
600
600
0
600
0
475.0
475.0
475.0
475.0
475.0
517.0
600.6
.
.
.
.
515
3
0
573
0
603
573
0
Metals week,
New York dealers' price
446.0
326.7
422.6
358.2
291.0
458.1
518.5
.
.
.
.
er pound)
Rubber (4
p
1
3
6
38
NA
NA
nthetic b
S
47.5
45.7
44.0
44.4
44.1
37.6
33.2
.
3
.
y
1
47
3
48
9
NA
Naturals
56.8
45.4
56.2
49.6
42.0
42.8
45.3
46.
.
.
7
0
8
5
7
7
er troy ounce)
Silver ($
10.5
7.9
11.4
8.1
6.1
5.5
5.6
5.5
.
.
.
p
NA
NA
d ($ per long ton)
l Scra
St
92.0
63.1
73.2
86.4
74.4
73.4
73.9
76.3
NA
p
ee
302
8
8
305
301
5
ound)
er
Ti
a (4
641.4
581.6
590.9
556.6
543.2
280.8
270.4
303.1
.
.
.
p
n
p
351
912
7
888
7
7
633
Tungsten Ore
(contained metal,
r metric ton)
$
18,097
13,426
10,177
10,243
10,656
6,936
4,945
6,
,
,
,
pe
565
3
US Steel
(finished steel, composite,
ton)
er lon
$
543.5
567.3
590.2
611.6
617.8
555.4
558.9
.
NA
g
p
7
34
0
7
37
3
40
er pound)
Zinc a (4
38.4
33.7
34.7
41.5
35.4
34.5
38.1
33.
.
.
.
p
124
120
129
Lumber Index e
(I 980= 100)
95
84
114
105
103
112
112
120
76
81
84
87
Industrial Materials Index r
85
71
82
76
69
70
71
(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. As of February 1986 tin
prices from the Kuala Lumpur market.
b S-type styrene, US export price.
e 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 10 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.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
World Crude Oil Production
Excluding Natural Gas Liquids
1981 1982 1983
1984
1985
1986
1987
1st Qtr
Mar
A
M
World
55
837
pr
ay
,
53,092 52,625
53,674
52,931
55,682
53,323
52,165
53
781
53
524
Non-Communist countries
41,602 38,810 38,228
39,257
38,692
40,880
38,428
37,270
,
38
886
,
38
629
Developed countries
12,886 13,276 13,864
14, 302
14,730
14,510
14,530
14,493
,
14
498
,
14
157
United States
8,572 8,658 8,680
8,735
8,933
8,668
8
386
8
433
,
8
413
,
8
Canada
1
28
,
,
,
,444
,
5 1,270 1,356
1,411
1,457
1,466
1,491
1
475
1
450
1
450
United Kingdom
1,811 2,094 2,299
2,535
2,533
2,508
2,551
,
2
512
,
2
530
,
2
300
Norway
501 518 614
700
785
841
1
002
,
982
,
1
032
,
Other
717
,
,
900
736 915
921
1,022
1,027
1,100
1
091
1
073
1
063
Non-OPEC LDCs
6,036 6,633 6,823
7,515
7,845
7,854
7,981
,
7,954
,
8
083
,
8
097
Mexico
2,321 2,746 2,666
2,746
2,733
2,431
2,524
2
522
,
2
529"
,
2
555
Egypt
598 665 689
827
874
813
878
,
847
,
926
,
914
Other
3,117 3,222 3,468
3,942
4,238
4,610
4,579
4
585
4
628
4
628
OPEC 2
2,680 18,901 17,541
17,440
16,117
18,516
15,917
,
14
823
,
15
305
,
16
375
Algeria
803 701 699
638
645
671
600
,
600
,
600
,
600
Ecuador
211 211 236
253
280
289
189
45
0
40
Gabon
151 154 157
152
153
180
150
150
150
150
Indonesia
1,604 1,324 1,385
1,466
1,235
1,264
1,145
1
143
1
160
1
180
Iran
1,381 2,282 2,492
2,187
2,258
1,929
2,169
,
2
200
,
2
300
,
2
300
Iraq
993 972 922
1,203
1,437
1,725
1,631
,
1
600
,
2
000
,
2
000
Kuwait b
947 663 881
912
862
1,344
967
,
950
,
950
,
950
Libya 1
,137 1,183 1,076
1,073
1,069
1,137
916
850
925
930
Neutral Zone c
370 317 390
410
355
332
413
310
325
280
Nigeria 1
,445 1,298 1,241
1,393
1,464
1,461
1,205
1
230
1
100
1
230
Qatar
405 328 295
399
302
342
245
,
200
,
150
,
Saudi Arabia b 9
625
250
,
6,327 4,867
4,444
3,290
4,935
3,652
2
900
4
000
3
800
UAE 1
,500 1,248 1,119
1,097
1,146
1,331
1,115
,
1
095
,
1
095
,
1
115
Venezuela 2
,108 1,893 1,781
1,813
1,621
1,576
1,521
,
1
550
,
1
550
,
1
550
Communist countries 14
,235 14,282 14,397
14,417
14,239
14,802
14,895
,
14,895
,
14
895
,
14
895
USSR 11
,800 11,830 11,864
11,728
111,350
11,754
11,860
11,860
,
11
860
,
11
860
China 2
,024 2,042 2,121
2,280
2,496
2,613
2,613
2
613
,
2
613
,
2
613
Other
411 410 412
409
393
435
422
,
422
,
422
,
422
I Preliminary.
b Excluding Neutral Zone production, which is shown separately.
c Production is shared equally between Saudi Arabia and Kuwait.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Big Seven: Inland Oil Consumption
1981 1982 1983
1984
1985
1986
1987
721
965
15
501
16
999
15
296 15,231
058 15
a 16
t
d St
i
15,726
15,726
16,281
16,382
16,
,
,
,
,
,
es
a
Un
te
935
636
4
204 4,193
444 4
4
4,349
4,123
4,205
4,699
4,
,
,
,
Japan
8
198
2
024 2,009
120 2
2
n
G
W
2,012
2,060
2,187
1,953
2,10
,
,
,
y
erma
est
6
1
673
476
1
1
265
632 1,594
744 1
1
1,531
1,498
1,539
1,747
1,73
,
,
,
,
,
France
96
364
1
345 1,290
325 1
1
d
d Ki
1,624
1,402
1,379
1,364
1,3
,
,
,
om
ng
Unite
847
773
1
579
1
618 1,594
705 1
b 1
1,513
1,507
1,558
1,694
1,
,
,
,
,
Italy
439
324
1
Canada 1,617 1,454 1,354
1,348
1,342
1,343
1,237
1,
,
11 Including bunkers, refinery fuel, and losses.
b Principal products only prior to 1981.
Big Seven: Crude Oil Imports
1981 1982 1983
1984
1985
1986
1987
Jan
Feb
Mar
Apr
May
488 3,329
406 3
4
d S
3,426
3,201
4,111
4,385
3,896
3,742
4,115
4,265
,
,
tates
Unite
742
256
3
657 3,567
919 3
3
3,664
3,377
3,254
3,782
3,
,
,
,
Japan
591 1,451 1,307
West Germany 1
1,335
1,284
1,331
1,307
,
596 1,429
804 1
1
1,395
1,476
1,385
1,750
1,461
1,077
,
,
France
United Kingdom 736 565 456
482
523
665
797
646
816 1,710 1,532
1
Ital
1,507
1,462
1,641
,
y
Canada 521 334 247
244
283
355
441
1981 1982 1983 1984 1985 1986 1987
OPEC Average a 34.50 33.63 29.31 28.70 28.14 23.49 18.00 17.86 17.87
(Official Sales Price)
NA NA NA NA 27.16 15.35 17.14 17.72 17.92
World Average Price
a F.o.b. prices set by the government for direct sales and, in most cases, for the producing company buy-back oil. Weighted by the volume
of production.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Average Crude Oil Sales Prices
I II III IV I II III IV I II A
a The 1973 price is derived from posted prices; 1974-84 prices are derived
from OPEC official sales prices; and, beginning in 1985, prices are a
measure of average world sales prices.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Economic
and Energy
Indicators
Source Notes'
Industrial Production
Seasonally adjusted
United States Federal Reserve Bulletin, seasonally adjusted; index 1967 = 100.
Ministry of International Trade and Industry, seasonally adjusted; index
1980=100.
West Germany Statistiches Bundesamt, seasonally adjusted; index 1980=100.
France Bulletin Mensuel de Statistique, excl. construction, seasonally adjusted; index
1970=100.
United Kingdom Monthly Digest of Statistics, seasonally adjusted; index 1980=100.
Italy Instituto Centrale di Statistica: Bullettino Mensile di Statistica or Indicatori
Mensili, seasonally adjusted; index 1980 = 100.
Canada Canadian Statistical Review, seasonally adjusted; index 1971=100.
Gross National Product
Seasonally adjusted; constant market prices
United States National Income and Product Accounts of the United States, billions of 1972
dollars, seasonally adjusted at an annual rate.
Japan The Economic Planning Agency, billions of 1980 yen (at market prices), seasonally
adjusted.
West Germany Statistische Beihefte zu den Monatsberichten der deutschen Bundesbank, billions of
1980 marks, seasonally adjusted at quarterly rates.
' Except as noted, the cited sources are official government and central bank publications of the respective countries.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
France
United Kingdom
Italy
Canada
United States
Japan
West Germany
France
United Kingdom
Italy
Canada
Institut National de Statistique et des Etudes Economiques, Les Collections de
L'insee, Series C, billions of 1970 francs, seasonally adjusted at quarterly rates.
CSO Economic Trends (average estimate) at 1980 prices, index 1980=100,
seasonally adjusted.
Congiuntura Italiana (at market prices), billions of 1970 lire, seasonally adjusted at
quarterly rates.
Canadian Statistical Review, millions of 1971 dollars, seasonally adjusted at an
annual rate.
Consumer Prices
Bureau of Labor Statistics (adjustment is by multiplicative factors), all items, all
urban, seasonally adjusted; index 1967 =100.
Statistics Bureau of the Prime Minister's Office, all items, not seasonally adjusted;
index 1980=100.
Statistisches Bundesamt, all households, not seasonally adjusted; index 1980=100.
Bulletin Mensuel de Statistique, all items, not seasonally adjusted; index
1980=100.
Monthly Digest of Statistics, all items, not seasonally adjusted; index 15 January
1974=100.
Instituto Centrale di Statistica: Bollettino Mensile di Statistica, households of wage
and salary earners, all items, not seasonally adjusted; index 1980=100.
Canadian Statistical Review, all items, not seasonally adjusted; index 1981=100.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
United States
Japan
West Germany
France
United Kingdom
Italy
Canada
United States
Japan
West Germany
Money Supply
M-1, Seasonally adjusted
Federal Reserve Bulletin (currency, demand deposits and other checkable deposits),
billions of dollars, average of daily figures, seasonally adjusted.
Bank of Japan (cash in public hands and demand deposits), billions of yen, monthly
average, not seasonally adjusted.
Statistische Beihefte zu den Monatsberichten der deutschen Bundesbank (currency
and demand deposits), billions of marks, end of month, seasonally adjusted.
Statistiques Mensuelles de CNC and Bulletin Mensuel de Statistique (demand
deposits, notes and coin), billions of francs, end of period, not seasonally adjusted.
Quarterly Bulletin (currency and sight deposits less 60% transit items), millions of
pounds, seasonally adjusted at an annual rate.
Bollettino (Banca d'Italia) (currency and demand deposits), billions of lire, end of
period, not seasonally adjusted.
Bank of Canada Review (currency and demand deposits), millions of Canadian
dollars, week ending Wednesday, not seasonally adjusted.
Unemployment
Seasonally adjusted
Bureau of Labor Statistics, percent of labor force (incl. Armed Forces in U.S.), sea-
sonally adjusted.
Statistical Bureau of the Prime Minister, percent of total unemployed, seasonally
adjusted.
Bundesanstalt fur Arbeit, percent, end of month, seasonally adjusted.
Bulletin Mensuel de Statistique, seasonally adjusted.
Department of Employment, "Gazette" and Press Notice, thousands (excl school
leavers-claimants), percent, seasonally adjusted.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Italy Instituto Centrale di Statistica: Bollettino Mensile di Statistica, percent per
annum.
Canada Canadian Statistical Review, percent of total labor force, seasonally adjusted.
Foreign Trade: Exports, f.o.b.
Seasonally adjusted; billion US dollars
United States U.S. Department of Commerce, data as of January 1980 include the Virgin
Islands, FAS (excl. military aid shipments), billions of dollars, seasonally adjusted
at monthly rates.
Japan Finance Ministry (balance of payment basis), millions of U.S. dollars, not
seasonally adjusted.
West Germany Statistische Beihefte zu den Monatsberichten der deutschen Bundesbank (balance
of payments basis), merchandise, billions of marks, not seasonally adjusted at
monthly rates.
France Bulletin Mensuel de Statistique and Informations Rapides, billions of francs,
seasonally adjusted at monthly averages.
United Kingdom Monthly Digest of Statistics (balance of payment basis, f.o.b.), millions of pounds,
seasonally adjusted at monthly rates.
Italy Instituto Centrale di Statistica: Bollettino Mensile di Statistica, billions of lire, not
seasonally adjusted.
Canada Canadian Statistical Review (balance of payment basis), merchandise, millions of
Canadian dollars, seasonally adjusted.
Foreign Trade: Imports, f.o.b.
Seasonally adjusted; billion US dollars
United States U.S. Department of Commerce, data thru December 1980 on f.a.s. basis, billions of
current dollars, seasonally adjusted at monthly rates.
Japan Finance Ministry (balance of payments basis), millions of U.S. dollars, not
seasonally adjusted.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
West Germany
France
United Kingdom
Italy
Statistische Beihefte zu den Monatsberichten der Deutschen Bundesbank and
Saisonbereingte Wirtschaftszahlen, billions of marks, c.i.f., seasonally adjusted.
Bulletin Mensuel de Statistique and Informations Rapides, billions of francs,
monthly averages, seasonally adjusted.
Monthly Digest of Statistics (balance of payments basis, c.i.f..) millions of pounds,
seasonally adjusted at monthly rates.
Instituto Centrale di Statistica: Bollettino Mensile di Statistica, billions of lire, not
seasonally adjusted.
Canada Canadian Statistical Review (balance of payments basis), merchandise, seasonally
adjusted.
Current Account Balance
Billion US dollars
United States Survey of Current Business, billions of dollars, seasonally adjusted at quarterly
rates.
Japan Finance Ministry, millions of U.S. dollars, not seasonally adjusted.
West Germany Statistische Beibefte zu den Monatsberichten der Deutschen Bundesbank, billions
of marks, seasonally adjusted at monthly rates.
France Economics Ministry, millions of francs, seasonally adjusted.
United Kingdom Monthly Digest of Statistics, millions of pounds, seasonally adjusted.
Italy Bollettino (Banca d'Italia), billions of current lire, not seasonally adjusted at
quarterly rates.
Canada Canadian Statistical Review, millions of Canadian dollars, seasonally adjusted.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Japan
West Germany
France
United Kingdom
Italy
Canada
Export Prices 2
US dollars
U.S. Department of Commerce (export unit-value index), not seasonally adjusted;
index 1977 = 100.
The Summary Report on Trade of Japan (export unit-value index), not seasonally
adjusted; index 1980 average= 100.
Statisfisches Bundesamt (export price index-1980), total, not seasonally adjusted;
index 1980=100.
Bulletin Mensuel de Statistique (export unit-value index), total, not seasonally
adjusted; index 1975 =100.
Monthly Digest of Statistics (export unit-value index-1980), total, not seasonally
adjusted; index 1980=100.
Bolletino Mensile di Statistica (export unit-value index), total, not seasonally
adjusted; index 1980=100.
Summary of External Trade Catalogue, all countries, monthly, total SITC index,
index of prices, 1971=100.
Import Prices 2
US dollars
United States U.S. Department of Commerce, indexes of U.S. exports and imports by economic
class (import unit-value index-1977), not seasonally adjusted, index 1977=100.
Japan The Summary Report on Trade of Japan (import unit-value index), total, not
seasonally adjusted; index 1980 average= 100.
West Germany Federal Statistics Office (import price index-1980), total, not seasonally adjusted;
index 1980=100.
' Export and import prices in US dollars are derived by dividing export and import prices expressed in national currency units by the aver-
ages of daily exchange rates from the IMF's International Financial Statistics.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
France
United Kingdom
Italy
Canada
Bulletin Mensuel de Statistique (import unit-value index), not seasonally adjusted;
index 1975 =100.
Monthly Digest of Statistics (import unit-value index-1980), total, not seasonally
adjusted; index 1980=100.
Bolletino Mensile di Statistica (import unit-value index), not seasonally adjusted;
index 1970=100.
Summary of External Trade Catalogue, all countries, monthly, total SITC index,
index of prices, index 1971 = 100.
Trade-Weighted Exchange Rates
International Monetary Fund: International Financial Statistics
The CIA trade-weighted exchange rate indexes measure the percentage change,
from specified base periods, in each country's currency relative to the currencies of
16 other countries. The US dollar is used as a value numeraire in the calculations,
and the percentage of each country's 1979-80 average exports and imports in the
total exports and imports of the group of partner countries are used as weights in a
geometric average. The countries included are:
United States
Italy
Switzerland
Austria
Japan
Canada
Sweden
Australia
West Germany
Netherlands
Norway
Spain
France
Belgium
Denmark
South Africa
United Kingdom
Exchange Rates Against the US dollar
The rates for Japanese, West-German, French, the United Kingdom, and
Canadian foreign exchange (US dollars per unit of foreign currency) are the selling
prices in the home country foreign currency market, reported by Reuter's News
Service.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
United States
Japan
West Germany
France
United Kingdom
Italy
Canada
Eurodollar
Bananas
Beef
Cocoa
Coffee
Money Market Rates
Bank of America-San Francisco, percent, secondary certificates of deposit, 90
days, prevailing market offering rates.
Non-SA Economic Statistics Monthly, percent, average interest rates on loans and
discounts, all banks.
Bank of America-Frankfurt, percent, local currency interbank deposits on account,
3 month, prevailing market interest rate.
Bank of America-Paris, percent, local currency interbank deposits on account,
3 month, prevailing market interest rate.
Bank of America-London, percent, local currency interbank deposits on account,
3 month, prevailing market interest rate.
Bank of America-Rome, percent, local currency interbank deposits on account,
3 month, prevailing market interest rate.
Wood Gundy "Fixed Income", percent yield, 365-day bond equivalent basis,
commercial and financial company paper, 60 to 89 days.
Bank of America-London, percent, 360-day basis, mid-morning rate, eurocurrency
(LIBOR) 3 month rate, U.S. dollar.
Agricultural Prices
The Bureau of Census.
The National Provisioner, carlot beef and pork prices; convert to weekly average.
U.S. Department of Agriculture (USDA).
George Gordon Paton Co., Inc.,
International Coffee Organization's
International Coffee Agreement,
composite daily price.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Corn
Cotton
Palm Oil
Rice
Soybeans
Soybean Oil
Soybean Meal
Sugar
Tea
Wheat
Food Index
Aluminum
Chrome ore
Copper
Gold
Lead
Manganese Ore
Nickel
Platinum
Rubber
USDA, Rotterdam prices.
Cotton Outlook, index "A" price.
Oil World.
USDA/FAS, converted to calendar year.
USDA, Rotterdam prices.
Oil World.
USDA, Rotterdam prices.
USDA.
USDA. Average London Auction.
USDA, Rotterdam prices.
The Economist, dollar index food, converted to 1980 index.
Industrial Materials Prices
Metals Week, weekly prices.
Metals Week, weekly prices, Transvaal Ore; average.
Metals Week, weekly prices, average.
Metals Week, weekly prices, London final; average.
Metals Week, weekly prices, average.
Metals Week, weekly prices.
Metals Week, weekly prices, average.
Metals Week, weekly prices, average.
Bureau of the Census, synthetic rubber, and Wall Street Journal, natural rubber.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Silver
Steel Scrap
Tungsten Ore
US Steel
Zinc
Lumber Index
Industrial Materials
Index
Metals Week, weekly prices.
Iron Age.
Metals Week, Kuala Lumpur weekly prices.
Metals Week, weekly prices.
Iron Age.
Metals Week, weekly prices.
Random Lengths Export.
The Economist, dollar index, all industrial; converted to 1980 index.
OPEC Countries
Energy
World Crude Oil Production,
Excluding Natural Gas Liquids
Thousand b/d
Department of Energy-Energy Data Reports, crude petroleum, petroleum prod-
ucts, and natural gas liquids; American Petroleum Institute. Weekly Statistical
Bulletin.
Statistics Canada, crude petroleum and natural gas production.
OPEC Annual Statistical Bulletin, country tables. Trade journals and CIA/OGI
estimates.
Trade journals and CIA/OGI estimates.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
United States
Canada
Japan
West Germany
France
Italy
United Kingdom
Japan
West Germany
France
United Kingdom
Italy
Canada
Big Seven: Inland Oil Consumption
Thousand b/d
DOE/EIA Petroleum Supply Monthly, table 1, US petroleum balance.
Statistics Canada, refined petroleum products.
Sekiyu Shiryo Geppo (Japanese Oil Monthly).
Bulletin Mensuel.
Bulletin Mensuel.
Bulletin Mensuel.
UK/DOE: Energy Trends, table 13.
Big Seven: Crude Oil Imports
Thousand b/d
DOE/EIA Petroleum Supply Monthly, table 18, imports of crude oil and
petroleum products by source PAD district.
Japanese Trade Tapes.
Ein-und Ausfuhr von Mineralol, table 2.1.
Bulletin Mensuel, Commerce Exterieur Petrolier.
Overseas Trade Statistics of the UK, SITC Codes 333 and 334.
Quarterly Oil and Gas Statistics of OECD.
Statistics Canada, refined petroleum products.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
OPEC: Crude Oil Official Sales Prices
US$ per barrel
Platt's Oilgram Price Report.
Petroleum Intelligence Weekly.
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6
Declassified and Approved For Release 2011/10/28: CIA-RDP88-00798R000600170004-6