ECONOMIC & ENERGY INDICATORS 14 OCTOBER 1983

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP84-00898R000300140010-8
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 14
• Document Creation Date: December 21, 2016
• Sequence Number: 10
• Content Type: REPORT

Approved For Release 2008/05/14: CIA-RDP84-00898R000300140010-8
SSE""`f Directorate of
Economic & Energy
Indicators
DI EEI 83-021
14 October 1983
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 Approved For Release 2008/05/14: CIA-RDP84-00898ROO0300140010-8
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 Approved For Release 2008/05/14: CIA-RDP84-00898R000300140010-8
Economic & Energy
Indicators
Economic 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
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
Foreword The EEI provides up-to-date information on changes in economic and energy
activities of major countries. It is updated from press ticker and embassy
reporting whenever possible.
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 Approved For Release 2008/05/14: CIA-RDP84-00898R000300140010-8
Percent Change From Previous Period
(Seasonally Adjusted at an Annual Rate)
1st Qtr
United States
-3.6
2.6
-8.1
9.9
Japan
4.7
1.0
0.4
3.6
West Germany
-0.8
-2.7
-3.1
5.5
France
0.7
-2.6
-1.5
2.1
United Kingdom
-6.4
-5.1
1.5
5.3
Italy
5.5
-2.4
-2.2
-1.9
Canada
-1.5
0.9
-10.7
22.3
2d Qtr Jun Jul Aug
18.3 17.0 26.6 11.0
6.7 12.3
12.0 32.8 -10.7
3.2 -24.3
0.4 -18.8
-9.8 -19.8
11.5 21.9
Percent Change From Previous Period
(Constant Market Prices; Seasonally Adjusted at an Annual Rat
e)
United States
-0.3
2.6
-1.9
2.6
9.2
Japan
4.8
3.9
2.9
0.9
3.6
West Germany
1.8
-0.2
-1.1
2.2
France
1.1
0.2
1.7
United Kingdom
-2.1
-2.2
1.4
6.8
Italy
3.9
0.1
-0.3
1.2
Canada
1.0
3.4
-4.4
7.6
7.5
Percent Change From Previous Period
(Seasonally Adjusted at an Annual Rate)
1980
1981
1982
1983
1st Qtr
2d Qtr
Jul
Aug
United States 13.5
10.3
6.2
-0.4
4.2
4.9
Japan 8.0
4.9
2.6
0.6
1.1
-0.1
2.5
West Germany 5.5
6.0
5.3
0.3
1.4
4.5
8.0
France 13.5
13.3
12.0
11.1
10.5
7.7
8.5
United Kingdom 18.0
11.9
8.6
3.5
1.9
8.6
10.1
Italy 21.2
19.3
16.4
13.3
14.2
13.8
10.6
Canada 10.2
12.5
10.8
3.0
4.2
7.0
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Money Supply, M-1
Percent Change From Previous Period
(Based on Amounts in National Currency Units; Seasonally Adjusted at an Annual Rate)
United States a
6.2
7.1
6.5
Japan
0.8
3.7
7.1
West Germany
2.3
1.2
3.6
France
8.5
12.6
13.9
United Kingdom
4.5
NA
NA
Italy
15.8
11.2
11.6
Canada
6.4
4.0
1.0
Unemployment Rate a
Percent
(Seasonally adjusted)
United States
7.1
7.5
9.6
Japan
2.0
2.2
2.4
West Germany
3.9
5.6
7.7
France
6.3
7.6
8.4
United Kingdom
6.4
10.0
11.7
Italy
7.6
8.4
9.1
1st Qtr
2d Qtr
Jul
Aug
Sep
14.8
12.8
9.3
2.6
-0.3
0.5
53.0
21.5
11.2
6.2
6.5
9.8
16.6
-5.1
10.4
11.8
27.2
13.8
5.2
13.5
-7.9
1st Qtr
2d Qtr
Jul
Aug
Sep
10.2
10.0
9.3
9.0
2.7
2.7
2.5
8.8
9.6
9.6
9.5
8.4
8.4
9.3
9.7
9.8
12.5
12.6
12.4
12.3
9.8
9.9
a Unemployment rates for France are estimated. For comparison
with the US rate, the rates for France and the United Kingdom
should be increased by 5 percent and 15 percent respectively. Italian
rates should be decreased by 50 percent; the rates for Japan,
Canada, and West Germany are comparable to US rates.
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Billion US $, f.o.b.
(Seasonally Adjusted)
United States a
Exports
220.7
233.5
212.3
50.5
48.6
16.6
Imports
245.0
261.0
244.0
58.6
62.3
21.9
Balance
-24.3
-27.5
-31.6
-8.1
-13.7
-5.3
Japan
Exports
126.3
149.5
138.3
35.5
35.5
11.8
Imports
124.7
129.5
119.8
28.6
27.6
8.6
Balance
1.6
20.1
18.4
6.9
7.9
3.2
West Germany
Exports
193.0
175.3
176.4
43.6
43.1
13.4
Imports b
188.0
163.4
155.3
38.1
38.9
12.0
Balance
4.9
11.9
21.1
5.5
4.2
1.4
France
Exports
116.0
106.3
96.4
23.9
23.4
7.6
8.0
Imports
130.1
115.6
110.5
27.3
25.1
8.0
8.1
Balance
-14.1
-9.3
-14.0
-3.5
-1.7
-0.4
0
United Kingdom
Exports
110.2
102.5
97.0
22.6
22.8
7.2
Imports
107.2
96.1
93.5
22.9
23.8
7.8
Balance
3.0
6.4
3.6
0.3
- 1.0
-0.5
Italy
Exports
78.0
75.4
74.2
18.9
18.2
Imports
100.3
91.4
87.0
21.8
19.6
Balance
-22.3
-15.9
-12.8
-2.9
-1.4
Canada
Exports
65.9
70.5
68.6
16.9
18.4
5.9
Imports
58.4
64.3
53.7
13.6
14.2
4.8
Balance
7.5
6.2
14.8
3.3
4.2
1.1
a Imports are customs values.
b Imports are c.i.f.
1st Qtr
2d Qtr
Jul
United States
0.4
4.6
-11.2
-3.6
-9.7
Japan
-10.7
4.8
6.6
1.4
6.2
2.9
West Germany
-16.5
-6.8
3.4
1.7
0.8
-1.2
France
-7.8
-5.5
-12.1
-3.6
United Kingdom
7.0
NA
9.3
1.2
-0.5
-0.2
Italy
-9.7
-8.5
-5.8
Canada
-0.9
-4.8
2.4
0.2
0.9
a Converted to US dollars at current market rates of exchange.
b Seasonally adjusted.
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1st Qtr
Apr
May
Jun
Jul
United States
10.6
9.2
1.5
3.1
1.8
- 9.4
11.9
Japan
6.6
5.5
-6.4
10.6
5.2
-16.5
-14.6
-5.9
West Germany
7.2
-15.2
-3.0
14.4
-13.2
-10.0
-29.1
-14.8
France
11.7
-12.0
-5.5
12.8
-17.9
-23.1
-19.5
United Kingdom
22.5
NA
-7.3
-14.0
63.6
35.8
-11.7
-13.2
Italy
17.4
-7.8
-3.3
-4.8
Canada
17.4
3.9
-2.3
3.9
15.3
-14.5
-4.0
49.2
United States
27.3
5.3
-2.0
Japan
35.5
3.6
-7.3
West Germany
15.7
-8.3
-5.4
France
19.4
-7.8
-7.2
United Kingdom
24.2
NA
-6.1
Italy
26.1
1.1
-7.3
Canada
16.8
8.7
-1.1
1st Qtr
Apr
May
Jun
Jul
-12.3
-5.0
0.9
3.2
-4.1
-24.6
-17.9
-4.0
25.4
-3.1
-11.1
-8.5
-25.3
-7.8
2.9
-32.3
26.2
-32.9
-11.0
45.6
11.2
-20.2
-11.7
0.4
-2.1
-2.4
-16.6
8.8
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West Germany
0.2
-2.1
7.0
10.4
4.2
France
0.5
-5.1
-6.1
6.7
-16.9
United Kingdom
9.8
2.5
-2.1
-31.1
24.3
Italy
-4.1
-9.2
-5.1
4.5
-4.9
Canada
-0.1
0.3
0.2
0.2
1.4
Japan
-3.5
2.7
-12.8
31.5
-4.1
-2.5
-21.3
-6.7
West Germany
0.8
-24.6
-7.2
14.1
-13.4
-22.0
-45.7
-5.5
France
0.7
-28.7
-20.8
10.1
-38.2
-21.4
-47.5
-6.7
United Kingdom
9.6
-13.2
-13.4
-25.3
5.5
-15.3
-17.9
-7.0
Italy
-3.1
-32.8
-18.8
9.4
-23.8
-18.5
-54.4
-11.9
Canada
0.2
-2.5
-2.9
1.7
-1.2
0.1
-1.6
1.6
United States
90-day certificates of
deposit, secondary market
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)
Italy
Milan interbank loans
(3 months)
Canada
finance paper (3 months)
Eurodollars
3-month deposits
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 Approved For Release 2008/05/14: CIA-RDP84-00898R000300140010-8
Agricultural Prices
Beef (t per pound)
Australia
(Boneless beef,
f.o.b., US Ports)
125.9
113.5
108.7
109.2
112.9
NA
111.6
112.2
NA
United States
(Wholesale steer beef,
midwest markets)
104.3
100.0
101.4
96.7
104.9
NA
98.4
95.6
NA
Cocoa
(d per pound)
Coffee
(S per pound)
Corn
(Central Illinois No. 2 yellow,
S per bushel)
3.01
3.14
2.42
2.59
3.10
3.43
3.26
3.58
3.46
Cotton
(Memphis middling
1 1/ 16 inch, $ per pound)
Palm Oil
(United Kingdom 5% bulk,
c.i.f., $ per metric ton)
583.08
570.67
445
372
415
NA
425
559
NA
Rice
(New Orleans
No. 2, milled f.o.b.,
$ per metric ton)
496
565
367
368
375
NA
386
386
NA
Soybeans
(Central Illinois No. I yellow,
S per bushel)
6.95
6.98
5.86
5.71
6.06
7.80
6.42
8.26
8.73
Soybean Oil
(S per pound)
Sugar
(World raw London,
bulk C per pound)
28.63
16.88
8.42
6.21
8.75
10.19
10.52
10.63
9.43
Wheat
(Kansas City No. 2 hard
winter, $ per bushel)
4.33
4.36
4.00
4.07
4.05
3.82
3.69
3.87
3.89
Food Index a
232
203
167
164
178
NA
183
199
NA
(1975-100)
a 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.
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Major US producer
71.6
77.3
76.0
76.0
76.0
77.7
76.0
76.0
81.0
LME cash
80.8
57.4
44.9
54.2
64.6
71.7
69.0
72.6
73.5
Chrome Ore
(South Africa chemical
grade, S per metric ton)
55.0
53.0
50.9
50.0
50.0
50.0
50.0
50.0
50.0
Copper a
(bar, Q per pound)
98.7
79.0
67.1
Gold
(S per troy ounce)
465.1
426.9
417.6
423.0
416.2
413.7
Lead a
(t per pound)
41.1
32.9
24.7
Manganese Ore
(48% Mn, $ per long ton)
78.5
82.1
79.9
Composite US producer
3.5
3.5
3.2
LME Cash
3.0
2.7
2.2
Platinum (S per troy ounce)
Metals week,
New York dealers' price
677.0
446.0
326.7
40.6
47.5
45.7
48.1
40.9
NA
42.1
NA
NA
73.8
56.8
45.4
49.8
56.8
59.2
58.2
59.7
59.9
Silver
(S per troy ounce)
20.7
10.5
7.9
12.3
12.1
12.0
12.1
12.1
12.0
Steel Scrap d
(S per long ton)
Tin a
(t per pound)
Tungsten Ore
(contained metal,
S per metric ton)
US Steel
(composite,
$ per long ton)
Zinc a
(t per pound)
34.4
38.4
33.7
Lumber Index a
(1975= 100)
167
159
140
Industrial
Materials Index f
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. 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.
f 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.
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World Crude Oil Production
Excluding Natural Gas Liquids
1983
Jun
World
59,469
55,818
53,053
51,841
Non-Communist countries
45,244
41,593
38,803
37,476
Developed countries
12,859
13,579
13,276
13,413
United States
8,597
8,572
8,658
8,688
Canada
1,424
1,285
1,270
1,200
United Kingdom
1,619
1,811
2,094
2,045
2,279
Norway
528
501
518
625
661
Other
691
717
736
855
Non-OPEC LDCs
5,444
6,027
6,636
6,962
Mexico
1,937
2,312
2,749
2,775
2,687
Egypt
595
598
665
770
Other
2,912
3,117
3,222
3,417
OPEC
26,941
22,680
18,891
17,101
18,293
Algeria
1,020
803
701
700
700
Ecuador
204
211
211
220
200
Gabon
175
151
154
170
170
Indonesia
1,576
1,604
1,314
1,300
1,300
Iran
1,662
1,381
2,282
2,400
2,500
Iraq
2,514
993
972
900
1,000
Kuwait b
1,389
947
663
700
800
Libya
1,830
1,137
1,183
1,100
1,100
Neutral Zone c
544
370
317
440
468
Nigeria
2,058
1,445
1,298
1,533
1,712
Qatar
471
405
328
298
298
Saudi Arabia b
9,631
9,625
6,327
4,500
5,200
UAE
1,702
1,500
1,248
1,150
1,150
Abu Dhabi
1,343
1,131
876
800
800
Dubai
349
359
359
340
340
Sharjah
10
10
13
10
10
Venezuela
2,165
2,108
1,893
1,690
1,695
Communist countries
14,225
14,225
14,250
14,365
14,365
USSR
11,700
11,790
11,800
11,860
11,860
China
2,118
2,024
2,040
2,085
2,085
Other
407
411
410
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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Big Seven: Inland Oil Consumption
United States a
17,006
16,058
15,296
Japan
4,674
4,444
4,204
West Germany
2,356
2,120
2,024
France
1,965
1,744
1,632
United Kingdom
1,422
1,325
1,345
Italy b
1,602
1,705
1,618
Canada
1,730
1,617
1,454
a Including bunkers, refinery fuel, and losses.
b Principal products only.
Feb
Mar
Apr
May
Jun
Jul
Aug
14,772
15,484
14,779
14,250
15,281
14,913
15,240
4,882
4,618
3,852
3,461
4,039
2,053
2,182
1,940
2,010
2,000
1,986
1,685
1,786
1,500
1,405
1,209
1,209
1,417
1,431
1,313
1,227
1,253
1,865
1,606
1,417
1,468
1,472
1,365
1,458
1,280
1,192
1,309
1,357
United States
5,220
4,406
3,488
Japan
4,373
3,919
3,657
West Germany
1,953
1,591
1,451
France
2,182
1,804
1,596
United Kingdom
893
736
565
Italy
1,860
1,816
1,710
Canada
557
521
334
Feb
Mar
Apr
May
Jun
Jul
Aug
2,268
2,232
2,970
3,234
3,502
3,868
3,978
3,715
3,672
3,604
2,975
3,337
3,099
1,279
1,264
1,279
1,385
1,274
1,312
1,163
1,155
1,148
1,331
1,492
1,438
242
371
303
537
467
1,490
1,490
215
195
143
93
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Be_ ri
39? API 1.16% sulfur
19.33
30.19
34.04
34.68
29.50
29.50
Light
34? API 1.70% sulfur
17.26
28.67
32.50
34.00
29.00
29.00
Medium
31 ? API 2.40% sulfur
16.79
28.12
31.84
32.40
27.40
27.40
Heavy
27? API 2.85% sulfur
16.41
27.67
31.13
31.00
26.00
26.00
Light
341 API 1.35% sulfur
19.45
34.54
36.60
31.05
28.00
28.00
Heavy
31 ? API 1.60% sulfur
18.49
33.60
35.57
29.15
26.90
27.10
Iraq c
35? API 1.95% sulfur
18.56
30.30
36.66
34.86
29.43
29.43
Nigeria
34? API 0.16% sulfur
20.86
35.50
38.48
35.64
29.85
29.85
UAE
39? API 0.75% sulfur
19.81
31.57
36.42
34.74
29.56
29.56
Kuwait
31 ? API 2.50% sulfur
18.48
29.84
35.08
32.30
27.30
27.30
Libya
40? API 0.22% sulfur
21.16
36.07
40.08
35.69
30.40
30.40
Venezuela
26? "1 1.52% sulfur
17.22
28.44
32.88
32.88
27.88
27.88
Indonesia
35? API 0.09% sulfur
18.35
30.55
35.00
34.92
29.53
29.53
Algeria
42? API 0.10% sulfur
19.65
37.59
39.58
35.79
30.50
30.50
Qatar
40? API 1.17% sulfur
19.72
31.76
37.12
34.56
29.49
29.49
Gabon
291 API 1.26 % sulfur
18.20
31.09
34.83
34.00
29.00
29.00
Ecuador
28? API 0.93% sulfur
22.41
34.42
34.50
32.96
26.70
26.70
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 2008/05/14: CIA-RDP84-00898R000300140010-8
 Approved For Release 2008/05/14: CIA-RDP84-00898R000300140010-8
OPEC: Average Crude Oil Official Sales Price
Approved For Release 2008/05/14: CIA-RDP84-00898R000300140010-8