ECONOMIC INTELLGIENCE WEEKLY REVIEW

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80T00702A000800070003-3
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 27
• Document Creation Date: December 16, 2016
• Document Release Date: August 18, 2004
• Sequence Number: 3
• Publication Date: September 28, 1978
• Content Type: REPORT

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 SSE LIGF'Y(`
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ell
oreign
Assessment
Center
Economic Indicators
Weekly Review
28 September 1978
ER El 78-039
28 September 1978
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This publication is prepared for the use of U.S. Government
officials. The format, coverage and contents of the publication are
designed to meet the specific requirements of those users. U.S.
Government officials may obtain additional copies of this document
directly or through liaison channels from the Central Intelligence
Agency
Non-U.S. Government users may obtain this along with similar
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Library of Congress
Washington, D.C. 20540
Non-U.S. Government users not interested in the DOCEX
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publications on an individual basis from:
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Washington, D.C. 20540
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1. The Economic Indicators Weekly Review provides up-to-date information
on changes in the domestic and external economic activities of the major non-
Communist developed countries. To the extent possible, the Economic Indicators
Weekly Review is updated from press ticker and Embassy reporting, so that the
results are made available to the reader weeks-or sometimes months-before receipt
of official statistical publications. US data are provided by US government agencies.
2. Source notes for the Economic Indicators Weekly Review are revised every
few months. The most recent date of publication of source notes is 16 February 1978.
Comments and queries regarding the Economic Indicators Weekly Review are
welcomed.
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BIG SIX FOREIGN COUNTRIES' COMPOSITE INDICATORS
Industrial Production
140
130
120,,?
Unemployment Rate
Percent
INDEX: 1970=100, seasonally adjusted
Semilogarithmic Scale
JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT
1973 Approved ARelease 2001930 : CIA-RD~984T300702A000aO$047p003-3 1978
llncluding Japan, West Germany, France, the United Kingd.:rm, Italy, and Canada. A-2
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Note: Three-month average compared with previous three months.
4.0
Percent Change
AVERAGE ANNUAL
GROWTH RATE SINCE
LATEST
from Previous
1 Year
3 Months
MONTH
Month
1970
Earlier
Earlier2
Industrial
Production
Big Six
JUN 78
0.5
2.9
2.8
3.7
United States
JUN 78
0.5
3.8
4.9
12.8
Big Six
JUN 78
0.6
9.2
6.2
7.2
United States
JUN 78
0.9
6.7
7.4
10.7
Percent, seasonally adjusted, annual rate
Billion US $, f.o.b., seasNally adjusted
Unite s` States
n
JAN APR JUL OCT JAPY APR JUL OCT
3t onths
LATEST MONTH 1 Year Earlier Earlier
Unentpioyment Rate
Big Five
United States
Trade Balance
I9 Jx
United States
JUN 78 4.5 4.3 43
JUN 78 5.7 7.1 -
LATEST , MILLION CUMULATIVE (MILLION US $) -
MONTH US $ 1978 1977 Change
MAY 78 3,634 21,894 10,873 11,021
t, 78 -2,238 14,771 -8,280 fix,0191
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2Average for latest 3 months compared with average for previous 3 months, seasonally adjusted at annual rate.
A-3
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INDUSTRIAL PRODUCTION INDEX: 1970=100, seasonally adjusted
United States
JAN APR JUL OCTApprdii6d PbrMle'ase' 000O8IO : A-RDP8'OTOt702140&Y80(YO7GOD3131 APR JUL OCT
1973 1974 1.975 1976 1977 1978
A-4
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United Kingdom
Canada
1.50
115
JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT
1973 1974 1975 1976 1977 1978
Percent AVERAGE ANNUAL
Change GROWTH RATE SINCE
from
LATEST Previous 1 Year 3 Months
MONTH Month 1970 Earlier Earlierl
United States AUG 78 0.5 9
Japan JUL 78 0.7
West Germany JUL 78 3.4
France JUN 78 -0.8 7.9
b.7 9.1
a." 5.5
b.l 9.]
Percent
Change
AVERAGE ANNUAL
GROWTH RATE SINCE
LATEST
MONTH
from
Previous
Month
1 Year 3 Months
1970 Earlier Earner L
United Kingdom
0.1
J-s: u
Italy
r ?1
-(J,6
3.1 4'
Canada
- _. ?
t.5
3-, '
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t .
1Average for latest 3 months comps with average for previous mon s
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UNEMPLOYMENT RATE
United States
1.2 -
.JAN APR JUL OCT JAN APR JUL OCT JAN
APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT
1975 1976 1977 1978
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United Kingdom
Italy (quarterly)
A labor force survey based on new definitions of economic activity sharply raised the official estimate of Italian unemployment in first quarter 1977. Data for earlier periods thus are not comparable.
Italian data are not seasonally adjusted.
1 Year
Earlier
3 Months
Earlier
t Year
Earlier
3 Months
to rlier
United States
AUG 78
5,968
6,821
6,149
Unit@d Kingdom
AUG 78
1,392
1,414
,.366
Japan
JUN 78
1,310
1,190
1,180
Italy ,
II 18
1,455
1,432
, :,520
West Germany
AUG 78
997
1.044
997
Canetcla
JUL 78
927
866
935
France
AUG 78
1,277
1,174
1,113
it
NOTE: Data are seasonally adjusted. Unemployment rates for France are estimated. The rates shown for Japan and Canada are
roughly comparable to US rates. For 1975-78, the rates for France and the United Kingdom should be increased by 5 percent and
15 percent respectively, and those for West Germany decreased by 20 percent to be roughly comparable with US rates. Beginning in
1977, Italian rates should be decreased by 50 percent to be roughly comparable to US rates.
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CONSUMER PRICE INFLATION Percent, seasonally adjusted,
annual rate'
15
Japan
45
40
35
30
25
X40
JAN APR JUL OCT JAN APR JUL OCT JAN APR IUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT
1973 1974 1975 1976 1977 1978
'Three-month average compaApprvve?ca 'or egease 2004/08/30 : CIA-RDP80T00702A000800070003-3
A-8
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United Kingdom
Italy
JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT
1973 1974 1975 1976 1977 1978
Percent
AVERAGE ANNUAL
Percent
AVERAGE ANNUAL
Change
GROWTH RATE SINCE
Change
f
GROWTH RATE SINCE
LATEST
from
Previous
1970
1 Year
3 Months
LATEST
rom
Previous
1970
1 Year
3 Months
MONTH
Month
Earlier
Earlier2
MONTH
Month
Earlier
Earlier2
United States
AUG 78
0.5
6.7
1.9
10.1
United Kingdom
f1 ?8
1-1
13.1
f.b
1Japan
JUN 78
0.3
9.8
3.5
b.1
ItaJy _,
. U = !8
0.v
13.1
F
West Germany
JUL 78
0.1
5.2
2.3
1.1
Canada.
?'! 79
1.2
1.8
s.6
France
JUL 78
1.2
9.1
9.3
12.1
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 GNP' Approved For Release 2004/08/30: Cl -RI PAIL R-(A -
Aver,ge
Average
Annual Growth Rate Since
P
Ch
-
Annual Growth Rats Since
P
h
ercent
ange
---
Latest from previous 1 ''ear Previous
Quarter Quarter 1970 1=0 her Quarter
Latest
month
ercent C
ange
front Previous
Month
1970
1 Year
Earlier
3 Months
Earlier'
United States
4.0
7.4
United States
Jul 78
Japan
5.7
10.0
Japan
Apr 78
West Germany
78 I
0.1 2.4
West Germany
Jun 78
France
78 I
1.8 4.1
France
Jan 78
United Kingdom
77 IV
-0.5 1.6
United Kingdom
Aug 78
Italy
78 I
2.0 2.8
Italy
May 78
Canada
78 II
1.2 4.7
Canada
Jun 78
' Seasonally adjusted.
Stasonaly adjusted-
2 Average for latest 3 months compared with average for previous 3 months.
Average
Annual Growth Rate Sinn
Average
P
h
Annual Growth Rats Sin e
Percent Change ---- -
e
Latest f
argge
rcent C
rom previous 1 Year 3 Months
latest
Quarter
horn Previous 1 Year Previous
Quarter 1970 Eat her Quarter
United States J
Period
ul 78
Period
1970
Earlier
Earns'
United States
78 II
3.6 3.0
7.4
15.1
Japan
Apr 78
Japan
78 I
0.9 1.1
-0.4
3.6
West Ger
many 7
8 I
West Germany
78 I
-0.5 0.7
1.6
-2.1
France
7
7 IV
France
77 IV
0.8 4.0
4.7
3.3
United Kin
gdom
May 78
United Kingdom
78 I
1.3 1.6
9.7
5.2
Italy
J
un 78
Italy
78 I
2.3 1.1
--19.6
9.4
Canada
May 78
Canada
78 II
10.6 1 6.5
6.1
49.9
'
Hourly eo ings (seasoraly adjusted) far the United States, Japan, and Canada; hourly wage
Seosonaly adjusted.
rats" far others. West German and French data refer to the beginning of the quarts.
'Average far latest 3 months compared with that far previous 3 months.
United States
Commercial paper
Sep 13
Japan
Coll money
Sep 15
West Germany
Interbank loans (3 months)
Sep 13
France
Call money
Sep 15
United Kingdom
Sterlixrg interbank loans (3 months)
Sep 13
Canada
Finon+.e paper
Sep 13
Eurodollars
Three-month deposits
Sep 13
1 Year 3 Months 1 Month
Earlier Earlier Earlier
--- 7Approv orRelease-2OO4t?8t3$ :- CiA=RDP OT007 -
A-10
 EXPORT PRICEOproved For Release 2004/08/30
us $
Average
Annual Growth Rate Since
United States
Japan
West Germany
France
United Kingdom
Italy
Canada
Percent Change
Latest from Previous
Month Month
May 78
Jul 78
Jun 78
Jun 78
Aug 78
Apr 78
May 78
0.4
1.2
1.7
2.2
3.5
-0.6
1.8
1970
9.4
11.7
11.5
11.5
12.2
10.9
8.4
1 Year 3 Months
Earlier Earlier
5.0 8.3
27.0 39.1
12.9 -4.0
13.6 7.8
20.9 38.7
9.6 6.7
0.3 3.8
IMPORT PRICES
National Currency
United States
Japan
West Germany
France
United Kingdom
Italy
Canada
Percont Change
Latest from Previous
Month Month
May 78
Jul 78
Jun 78
Jun-78
Aug 78
Apr 78
May 78
-0.3
-6.6
-1.6
-0.6
-0.1
-0.7
1.7
United States 2
Japan
West Germany
France
United Kingdom
Italy
Canada
Period
78 I
Jul 78
Jul 78
78 1
78 I
78 I
78 I
Minion US S
-6,954
2,050
-868
-84
-803
288
-1,273
Average
Annual Growth Rate Since
1 Year 3 Months
1970 Earlier Earlier
12.8 5.4 6.8
5.8 -20.9 -22.7
3.0 -5.9 -12.5
9.1 0.2 -9.1
17.2 3.0 5.0
18.9 4.7 -8.3
9.7 13.1 1.9
1978 1977 change
-6 ' 954 - 4,158 -2,796
10,879 4,630 6,249
2,831 1,406 1,425
- 84 - 1,628 1,543
-803 -896 94
288 -1,025 1313
-1,273 -1,484 212
`Converted to US dollars at the current market rates of exchange.
' Seasonally adjusted.
EXCHANGE RATES
Spot Rate
CR8W@@j02A000800070003-3
National Currency
Average
Amuol Growth Rate Since
United States
Japan
West Germany
France
United Kingdom
Italy
Canada
Percent Change
Latest from Previous
Month Month
May 78 0.4
Jul 78 -5.8
Jun 78 0.7
Jun 78 0.6
Aug 78 1.0
Apr 78 -0.6
May 78 -0.2
i Year 3 Mo:,ths
1970 Earlier Eatler
9.4 5.0 8.3
3.8 -4.3 -8.8
3.9 -0.1 4.9
8.8 5.3 - 2.8
15,1 8.4 6.9
15.4 5.7
9.3 7.0 6.0
United States
Japan
West Germany
France
United Kingdom
Italy
Canada
End of
Jun 78
Aug 78
Jul 78
Apr 78
Jul 78
Jun 78
Jul 78
Billion US $
18.9
29.2
41.1
10.6
17.6
13.2
4.6
Jun 1970
14.5
4.1
8.8
4.4
2.8
4.7
9.1
Earlier EarSer
19.2 192
17.8 27.7
35.1 41-3
10.0 10.2
13.6 17.7
9.7 10.6
5.0 4.6
BASIC BALANCE'
Current Account and Long-Term Capital Transactions
Cumulative (Million US s)
Latest
Period Million US $ 1978 1977 Chance
United States No longer published 2
Japan Jul 78 650 6,231 3,513 2,718
West Germany Jul 78 -881 1,915 -2,363 4,278
France 78 I -863 -863 -1,8891 1,025
United Kingdom 78 I -326 -326 543 --'869
Italy 77 III 2,427 N.A. N.A. N.A.
Canada 78 I -668 -668 - 584! - 84
Converted to US dollars at the current market rates of exchange.
r As rsarenended by the Advisory Committee on the Presentation of Balance et Payments
Statistics, the Department of Conenerce no longer publishes a basic balance.
TRADE-WEIGHTED EXCHANGE RATES'
As of 22 Sep 78
Us $ I Year 3 Months
Per Unit 19 Mar 73 Earlier Earlier 15 Sep 78
1 Year 3 Months
19 Mar 73 Earlier Earlier 15 Ser 78
Japan (yen)
0.0053
39.56
42.24
9.00
1.46
United States
-3.09
-9.19
-2.28
-0.32
West Germany
0.5119
44.00
19.06
6.09
1.15
Japan
43.00
37.58
7.82
1-24
(Deutsche mark)
West Germany
31.73
4.71
1.21
0.29
France (franc)
0.2288
3.11
12.89
3.14
0.11
France
-10.27
-2.06
-2.31
-0.90
United Kingdom
1.9698
-20.32
13.03
5.93
0.45
United Kingdom
-28.44
1.17
1.96
-0.25
(pound sterling)
Italy
-42.15
-6.85
-1.39
-0.16
Italy (lira)
0.0012
-31.26
6.89
3.41
0.66
Canada
-16.60
-12.15
-5.63
-1,16
Canada (dollar)
0.8515
-15.13
-8.50
-4.39
-0.95
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Big Other Com-
World Seven OECD OPEC munist Other
UNITED STATES
1975 .........................
107.65
46.94
16.25
10.77
3.37
29.82
1976 .........................
115.01
51.30
17.68
12.57
3.64
29.44
1977 .........................
120.17
53.92
18.53
14.02
2.72
30.98
1978 .........................
1st Qtr ...............
30.94
13.65
4.60
3.76
1.00
7.93
Apr ....................
12.06
5.40
1.68
1.38
0.42
3.17
JAPAN
1975 .........................
55.73
16.56
6.07
8.42
5.16
15.87
1976 ..........................
67.32
22.61
8.59
9.27
4.93
17.84
1977 .........................
81.11
28.02
9.73
12.03
5.32
26.01
1978
1st Qtr ...............
22.11
7.83
2.39
3.35
1.32
7.22
Apr ......................
7.89
2.80
0.80
1.19
0.57
2.53
WEST GERMANY
1975 ..........................
91.70
28.33
36.44
6.78
8.81
11.05
1976 ..........................
103.63
33.44
41.86
8.25
8.72
11.04
1977 ..........................
119.28
39.01
48.00
10.78
8.59
12.90
1978
1st Qtr ...............
32.45
11.17
13.05
2.76
1.97
3.50
FRANCE
1975 ..........................
52.87
20.00
15.50
4.90
3.13
8.61
1976 ..........................
57.05
22.49
16.15
5.08
3.23
8.75
1977 ..........................
65.00
25.90
18.19
5.97
3.00
11.94
1978
1st Qtr ...............
18.49
7.66
5.07
1.57
0.66
3.53
Apr ......................
6.74
2.82
1.90
0.56
0.28
1.18
UNITED KINGDOM
1975 ..........................
44.03
12.55
16,59
4.55
1.56
8.64
1976 ..........................
46.12
14.03
17.53
5.13
1.39
7.92
1977 ..........................
57.44
16.99
22.56
6.78
1.63
9.48
1978
1st Qtr ................
16.86
5.09
6.27
2.03
0.55
2.92
Apr
5.75
1.73
2,19
0.74
0.18
0.91
ITALY
1975 ..........................
34.82
15.61
7.86
3.72
2.46
4.67
1976 ..........................
36.96
17.41
8.69
4.23
2.18
3.96
1977 ..........................
45.04
20.92
10.20
5.85
2.45
5.62
1978
1st Qtr ................
10.80
5.25
2.37
1.37
0.48
1.33
CANADA
1975 ..........................
33.84
26.30
1.73
0.71
1.20
2.00
1976 ..........................
40.18
32.01
2.03
0.81
1.25
2.09
1977 ..........................
42.98
34.77
2.13
0.94
1.06
4.08
1978
1st Qtr ................
10.75
8.78
0.55
0.23
0.22
0.97
Apr ......................
4.20
3.44
0.16
0.08
0.07
0.45
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Billion US $
Imports from (c.i.f.)
Big Other Com-
World Seven OECD OPEC munist Other
UNITED STATES
1975 .......................... 103.42 49.81 8.83 18.70 0.98 25.08
1976 .......................... 129.57 60.39 9.75 27.17 1.16 31.09
1977 .......................... 156.70 70.48 11.08 35.45 1.22 38.47
1978
1st Qtr ................ 43.14 20.39 3.51 8.15 0.47 10.62
Apr ...................... 15.42 7.54 1.27 2.73 0.18 3.70
JAPAN
1975 .......................... 57.85 16.93 6.08 19.40 3.36 12.05
1976 .......................... 64.89 17.58 7.78 21.88 2.91 14.72
1977 .......................... 71.33 18.87 7.93 24.33 3.41 16.79
1978
1st Qtr ................ 18.32 5.04 2.06 6.46 0.87 3.89
Apr ...................... 6.28 1.64 0.74 2.01 0.36 1.53
WEST GERMANY
1975 .......................... 76.28 27.09 27.78 8.24 4.87 8.21
1976 .......................... 89.68 31.28 32.64 9.73 5.93 10.01
1977 .......................... 102.63 36.38 37.37 10.12 6.14 12.62
1978
1st Qtr ................ 28.24 10.11 10.88 2.32 1.39 3.54
FRANCE
1975 .......................... 53.99 23.04 14.33 9.43 1.94 5.21
1976 .......................... 64.38 27.81 16.93 11.36 2.24 6.01
1977 .......................... 70.50 30.28 18.24 11.82 2.46 7.70
1978
1st Qtr ................ 19.76 8.58 5.40 3.05 0.64 2.09
Apr ...................... 6.79 3.02 1.84 1.00 0.23 0.70
UNITED KINGDOM
1975 .......................... 53.35 18.47 18.52 6.91 1.68 7.67
1976 .......................... 55.56 19.66 18.81 7.29 2.08 7.65
1977 .......................... 63.29 24.02 21.34 6.31 2.40 9.22
1978
1st Qtr ................ 18.87 7.44 6.68 1.80 0.55 2.40
Apr ...................... 5.67 2.27 2.04 0.39 0.16 0.81
ITALY
1975 .......................... 38.36 17.32 6.75 7.85 2.09 4.34
1976 .......................... 43.42 19.35 8.04 8.12 2.65 5.24
1977 .......................... 47.56 20.80 8.67 9.03 2.80 6.26
1978
1st Qtr ................ 11.26 5.03 2.10 2.18 0.51 1.44
CANADA
1975 .......................... 38.59 29.78 1.70 3.43 0.32 2.02
1976 .......................... 43.05 33.55 1.82 3.48 0.38 2.56
1977 .......................... 44.67 35.67 1.77 3.05 0.33 3.85
1978
1st Qtr ................ 10.80 8.60 0.44 0.77 0.08 0.91
Apr ...................... 4.61 3.84 0.18 0.03 0.19 0.37
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FOREIGN TRADE BILLION US $, f.o.b., seasonally adjusted
2.0
JAN APR JUL OCT JAN APR JUL OCT JAN APF! JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT
Approved For Release 2004/08/30 : CIA-RDP80T00702A000800070003-3
,A-14
 Approved For Release 2004/08/30 : CIA-RDP80T00702A000800070003-3
United Kingdom
LATEST
MONTH :
MILLION
US $ 1978
1977
CHANGE
LATEST
MO .I1
MILLION
US $ 1978
1977
CHANGE
12
469
90
625
316
80
12
8%
5
865
43
965
250
36
:' 1 31P
United States
AUG 78
,
14,090
,
111,601
,
96,366
.
15.8 %
United Kinldom
AUG 78
,
5,752
,
45,474
.
39.281
,
15.89k
Balance
-1,621
-?20,976
-16,050
-4,926
Balance
113
-1,509
-3,031
1,522
Japan
JUL 78
7,700
5,556
54,344
37,967
45,157
35,555
20.3%
6.8%
Italy
JUL 78
4,096
4,626
28,846
27,458
25,115
25,501
'49a
7.7%
Balance
2,144
16,377
9,602
6,775
Balance
-529
1,388
-386
?,775
West Germany
JUL 78
10,890
9,203
78,259
64,604
66,376
55,039
17.9%
17.4%
Canada
MAY 78
3,621
3,401
18,983
17,447
17,435
16,713
3.94
4.4'*
Balance
1,687
13,655
11,337
2,318
Balance
France
0,995
g51
5 2
42
008
22.0%
AUG 78
7,254
,f6
51, 0
,
44,220
15.7%
Balance
-259
92
-2,212
2,305
Approved For Release 2004/0/30 : CIA-RDP80T00702A000800070003-3
 Approved For Release 2004/08/30 : CIA-RDP80T00702A000800070003-3
FOREIGN TRADE PRICES IN US $1
United States
West Germany
49r74ed For ReleALF$004/08/30: IqDP80T007 P70-b800070003l:P78
lExport and import plots are based or. five-month w,Righted moving averages.
A-16
 Approved For Release 2004/08/30 : CIA-RDP80T00702A000800070003-3
1974 d1F97 l 7g 77 1978
Approve or Release 20048/30: CIA-RD P8~T00702A000800070,9QM
 Approved FSELECTEDoDEVELOPING COUNTRIES o003-3
MONEY SUPPLY'
INDUSTRIAL
PRODUCTION '
Average
Average
Annual Growth Rate Since
Annual Growth Rate Since
Percent Change
-..-
Percent Change ---
----------
Latest
from Previous
1 Year
3 Months
Latest
from Previous
1 Year
3 Months
Month
Month
1970
Earlier
Earlier
Period
Period 1970
EatE n
Earlier'
Brazil
Mar 78
2.7
36.4
43.3
34.7
India
May 78
1.3 5.6
91
20.6
India
Mar 78
2.0
13.8
15.7
15.3
South Korea
Jun 78
-1.2 22.5
2'01
26.5
Iran
May 78
0.4
29.0
21.4
66.2
Mexico
Apr 78
13.1 6.7
14L1
8.6
South Korea
Jun 78
4.3
31.6
30.4
20.9
Nigeria
78 1
6.8 11.0
02
29.9
Mexico
May 78
3.9
20.8
33.0
24.9
Taiwan
Apr 78
1.5 15.3
174
- 2.0
Nigeria
Mar 78
5.6
35.3
18.9 1
3.3
Taiwan
Mar 78
5.3
25.2
31.0
24.3
Seasonally adusted.
Thailand
Jan 78
2.7
13.2
13.7
21
5
=Average for latest 3 months compared with average for
previous 3 months.
.
' Seasonally adjusted
.
' Averoge for latest
3 months compared with average for previous 3 months.
CONSUMER
PRICES
WHOLESALE
PRICES
A?erog.
Annual Growth Rate Since
Average
Percent Chnaye -
------
----
Annual Growth
Rate Since
Latest
from Previa=:,
I Year
Percent Change
Month
Month
1970
Earlier
Latest
from Previous
1 Year
Month
Month
1970
Earlier
Brazil
Jun 78
4.1
28.3
38.0
India
May 78
0.3
7.4
1.6
Brazil
May 78
3.4
28.4
34.5
Iran
Jun 78
-0.1
12.2
10.2
India
May 78
0.6
8.0
-2.8
South Korea
Aug 78
0.3
14.5
13.5
Iran
Jun 78
- 1.3
10.7
9.3
Mexico
Jun 78
1.4
15.0
17.3
South Korea
Aug 78
0.1
15.7
10.9
Nigeria
Dec 77
2.9
16.5
30.6
Mexico
Jun 78
1.3
16.6
16.8
Taiwan
Apr 78
1.8
10.1
7.6
Taiwan
Mar 78
1.1
8.2
1.2
Thailand
Apr 78
1.0
8.6
8.8
Thailand
Jan 78
-0.2
9.5
6.4
EXPORT PRICES
OFFICIAL RESERVES
US $
Average
Million US S
Annual Gro,vth R
ate Since
Latest Month
Percent Chon5jn
---
1 Year
3 Months
Latest
from Prevlces
1 Year
End of
Million US $ Jun 1970
Earlier
Earlier
Month
Month
1970
Earlier
Brazil
Feb 78
6,733
1,013
5,878
5,994
Brazil
Feb 78
0.4
14.0
1.5
India
May 78
6,123
1,006
4,431
5,563
India
Mar 77
-0.9
9.6
17.9
Iran
Jul 78
11,982
208
11,592
12,584
Iran
Jun 78
0
30.8
0
South Korea
Jun 78
4,199
602
3,502
4,269
South Korea
78 I
0.7
8.7
7.7
Mexico
Mar 78
1,766
695
1,422
1,723
Nigeria
May 76
-0.1
27.3
12.3
Nigeria
Jul 78
1,250
148
4,495
3,768
Taiwan
Mar 78
-0.7
11.2
3.8
Taiwan
Mar 78
1,433
531
1,349
1,447
Thailand
Dec 76
2.0
13.3
13.1
Thailand
Jun 78
2,161
978
2,017
2,161
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 Approved For Release 2004/08/30 : CIA-RDP80T00702A000800070003-3
Latest 3 Months
Percent Change from
3 Months 1 Year
Latest Period Earlier' Earlier 1918 1977 Change
May 78 Exports
84.8
-3.7
4,743
4,979
-4.7%
May 78 Imports
26.6
1.4
5,110
4,939
3.5%
May 78 Balance
-367
40
-407
Feb 78 Exports
- 19.6
-8.9
1,476
1,620
-8.9%
Feb 78 Imports
- 24.0
-9.9
1,444
1,315
9.9%
Mar 78 Balance
32
306
-273
Iran
Jun 78 Exports
29.9
3.4
11,756
11,902
- 1.2%
May 78 Imports
-1.6
1.6
5,705
5,259
8.5%
May 78 Balance
4,087
4,871
-783
South Korea
Jun 78 Exports
83.3
24.5
5,704
4,517
26.3%
Jun 78 Imports
95.5
20.8
6,138
4,923
24.7%
Jun 78 Balance
-434
-406
- 28
Mexico
May 78 Exports
-2.2
6.5
2,037
1,773
14.9%
May 78 Imports
11.6
25.7
2,340
1,868
25.3%
May 78 Balance
-304
- 95
-209
Nigeria
Jun 78 Exports
90.8
-21.8
1,810
2,451
-26.1%
Aug 77 Imports
56.1
80.1
2,535
1,640
54.6%
Aug 77 Balance
716
979
-263
Taiwan
Apr 78 Exports
-27.6
32.3
3,365
2,543
32.3%
Apr 78 Imports
-14.5
20.4
2,869
2,338
22.7%
Apr 78 Balance
496
205
291
Thailand
Apr 78 Exports
27.0
3.2
1,277
1,221
4.6%
Apr 78 Imports
-6.5
14.3
1,449
1,251
15.8%
Apr 78 Balance
-172
- 30
-141
Approved For Release 2004/08130: CIA-RDP80T00702A000800070003-3
 Approved For Release 2004/08/30 : CIA-RDP80T00702A000800070003-3
AGRICULTURAL PRICES MONTHLY AVERAGE CASH PRICE
CORN
5 1'ER METRIC TON 5 S PER BUSHEL
No. 2 Medium Grain, 4% Brokens,
f.o.b. mills, Houston, Texas
1-11 SEP II
0
1974 1975 1976 1977 1978
20 SEP 2.18
13 SEP 2.14
AUG 78 2.18
SEP 77 1.84
1-20 SEP II
1974 1975 1976 1977 1978
20 SEP 8.01
13 SEP 8.12
AUG 78 7.06
SEP 77 6.60
COFFEE
2,000 Other Milds Arabicas, ex-dock New York
20 SEP 3.23
13 SEP 3.24
AUG 76 3.13
SEP 77 2.46
20 SEP 0.6005
13 SEP 0.5974
AUG 78 0.6124
SEP 77 0.4963
300
1,500
150
500
100:
1-20 SEP 1J
1974 1975 1976 1977 1978
1-20 SEP II
150
100
$ PER METRIC TON
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 Approved For Release 2004/08/30 : CIA-RDP80T00702A000800070003-3
$ PER BUSHEL
15 Chicago No. 1 Yellow
20 SEP 6.74
13 SEP 6.61
AUG 78 6.43
SEP 77 5.22
DUV
20 SEP
170.00
13 SEP
167.50
400
AUG 78
163.28
SEP 77
143.50
300
Crude, Bulk, c.i.f. US Ports
20 SEP 0.3051)
13 SEP 0.3000
AUG 78 0.2848
SEP 77 0.2160
C PER POUND
120
AUSTRALIA
Boneless Beef,
f.o.b., New York
12 SEP, 96.50
5 SEP 95.00
AUG 78' 91.78
SEP 77 64.18
$ PER METRIC TON $ PER TON
SOYBEAN OIL
Crude, Tank Cars, f.o.b. Decatur 1,000
20 SEP 0.2856
13 SEP 0.2865
AUG 78 0.2631
SEP 77 0.1917
1-20 SEP II
FOOD INDEX
500
100
1-20 SEP 11
1977 1978
1-12 SEP
0 100'
UNITED STATES
Wholesale Steer Beef,
Midwest Markets
16 SEP 83.00
9 SEP 80.92
AUG 78 80.13
SEP 77 63.04
96,46
1-12 SEP
50
1-12 SEP II
40 1974 1975 1976 1977 1978
NOTE: The food index is compiled by the Economist for 16 food commodities
which enter international trade. Commodities are weighted by
3 year moving averages of imports into industrialized countries.
Approved For Release 2004/08/$4.21CIA-RDP80T00702A000800070003-3
 Approved For Release 2004/08/30 : CIA-RDP80T00702A000800070003-3
INDUSTRIAL MATERIALS PRICES MONTHLY AVERAGE CASH PRICE
COPPER WIRE BAR
140 cPER POUND
LME US
20 SEP 65.7 68.6
13 SEP 65.3 67.6
AUG 78 64.7 68.0
SEP 77 54.3 60.6
1-20 SEP II 1,000
TIN
$,F'ER METRIC TON 650 c ?ER POUND
LMM1E US
2000
20 SEP
29.1
33.0
13 SEP
2;'1.8
33.0
AUG 78
2f.0
32.2
SEP 77
2rs.3
34.0
1,500
20 SEP 646.6. 624.5
___ 13 SEP 645.6: 683.6
450
AUG 78 589.2! 639.5
SEP 77 506.2 556.4
1-20 SEP II 1-20 SEP II
u }
1974 1975 1976 1977 1978 0 150 1974 1975 1976 1977 1978
STEEL SCRAP
150 $ PER LONG TON
-1-19 SEP11
20 SEP 250.0 267.5
13 SEP 250.0 262.5
AUG 78 241.5 265.4
SEP 77 167.0 150.6
LEAD
$ PER METRIC TON 45 4PER_ POUND
PLATINUM
$'. 'ER METRIC TON150 250 $ PER TROY OUNCE _
19 -:EP 13. ;'
7 SEP 74.5 "125 225
AUG 78 78.3
SEP 77 59.5
1-20 SEP I I
1978
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A-22
 Approved For Release 2004/08/30 : CIA-RDP80TOO702AO00800070003-3
ALUMINUM
Major US Producer
per pound
55.00
53.00
53.00
48.00
US STEEL
Composite
$ per long ton
419.31
389.60
359.36
327.00
IRON ORE
Non-Bessemer Old Range
$ per long ton
22.55
21.43
21.43
20.51
CHROME ORE
Russian, Metallurgical Grade
$ per metric ton
NA
NA
150.00
150.00
CHROME ORE
S. Africa, Chemical Grade
$ per long ton
56.00
56.00
58.50
42.00
FERROCHROME
US Producer, 66-70 Percent
it per pound
42.00
41.00
41.00
44.00
NICKEL
Composite US Producer
$ per pound
2.02
2.06
2.16
2.24
MANGANESE ORE
48 Percent Mn
$ per long ton
67.20
71.80
72.26
72.00
TUNGSTEN ORE
Contained Metal
$ per metric ton
17,907.00
18,822.00
19,494.00
16,045.00
MERCURY
New York
$ per 76 pound flask
156.00
155.17
124.29
116.90
SILVER
LME Cash
E per troy ounce
554.58
525.95
453.91
428.96
GOLD
London Afternoon Fixing Price $ per troy ounce
208.95
183.66
149.52
114.14
1-20 SEP II
1976 1977 1978
LUMBER INDEX6
160
1-15 SEP
1976 1977 197B
1Approximates world market price frequently used by major
world producers and traders, although only small quantities of
these metals are actually traded on the LME.
2Producers' price, covers most primary metals sold in the U S.
3As of 1 Dec 75. US tin price quoted is "Tin NY lb composite.'
4Quoted on New York market.
5S-type styrene, US export price.
6 This index is compiled by using the average of 13 types of lumber whose
prices are regarded as bellwethers of US lumber construction costs
1-12 SEP 11
1976 1977 1978
NOTE: The industrial materials index Is compiled by the Economist for 19 raw
materials which enter international trade. Commodities are weighted by
3-year moving averages of imports into industrialized countries.
Approved For Release 2004/08/30 :_9A-RDP80T00702A000800070003-3