[Economic Report of the President (1998)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]



Table B-108.--Industrial production and consumer prices, major industrial countries, 1972-97
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United                      European                                 United
Year or quarter          States     Canada    Japan    Union\1\   France    Germany    Italy   Kingdom
---------------------------------------------------------------------------------------\2\----------------------

(7)Industrial production (Index,
1992=100)\3\

-------------------------------------------------------------------------------
1972............................      65.3      68.9     51.9       72.0       74        69.2    67.3       76.7
1973............................      70.6      77.0     59.6       77.2       79        73.6    73.9       83.6
1974............................      69.6      78.5     57.3       77.8       82        73.4    76.8       81.9
1975............................      63.4      72.8     51.2       72.6       96        68.8    70.0       77.4
1976............................      69.3      77.6     56.9       78.0       82        75.1    78.5       80.0
1977............................      74.9      80.3     59.3       79.9       84        76.5    78.0       84.1
1978............................      79.3      83.0     63.0       82.1       86        78.6    79.7       86.5
1979............................      82.0      87.1     67.5       85.9     93.0        82.4    85.0       89.9

1980............................      79.7      84.1     70.6       85.6     93.0        82.6    89.4       84.0
1981............................      81.0      85.8     71.4       84.0     92.3        81.0    87.4       81.3
1982............................      76.7      77.4     71.7       82.9     91.4        78.5    84.7       82.9
1983............................      79.5      82.4     73.9       83.8     90.7        79.0    82.7       85.9
1984............................      86.6      92.4     80.7       85.6     91.2        81.2    85.4       86.0
1985............................      88.0      97.6     83.6       88.4     91.3        84.9    86.6       90.7
1986............................      89.0      96.8     83.5       90.4     91.9        86.6    90.2       92.9
1987............................      93.2     101.6     86.4       92.3     93.0        86.9    92.6       96.6
1988............................      97.4     106.9     95.3       96.1     97.3        90.3    99.1      101.2
1989............................      99.1     106.8     99.9       99.8    100.9        94.6   103.0      103.4

1990............................      98.9     103.2    104.2      101.8    102.4        99.5   102.2      103.1
1991............................      97.0      98.9    106.1      101.1    101.2       102.4   101.3       99.6
1992............................     100.0     100.0    100.0      100.0    100.0       100.0   100.0      100.0
1993............................     103.6     105.1     95.8       96.9     96.2        92.7    97.9      102.2
1994............................     109.2     111.4     97.0      101.8    100.0        96.2   104.0      107.6
1995............................     114.5     116.0    100.2      105.9    102.0        98.1   110.3      110.0
1996............................     118.5     117.7    102.9      106.0    102.3        98.6   107.2      111.2
1997 ....

1996: I.........................     116.1     115.8    101.7      105.3    102.0        97.5   108.0      110.5
II........................     118.2     116.6    101.3      105.2    102.1        98.6   107.5      110.8
III.......................     119.3     118.8    103.2      106.1    102.7        99.9   107.1      111.5
IV........................     120.4     119.7    105.5      106.9    102.6        99.6   106.0      112.0

1997: I.........................     121.9     121.0    108.0      107.8    103.2       101.0   107.5      112.1
II........................     123.3     123.0    107.9      109.5    105.5       102.0   109.9      112.9
III.......................     125.1     125.2    107.5  .........    107.1       104.1   110.3      114.2
IV .  ......  .........
-------------------------------------------------------------------------------


(7)Consumer prices (Index, 1982-
84=100)

-------------------------------------------------------------------------------
1972............................      41.8      37.9     42.9       30.8     32.2        58.7    19.0       25.5
1973............................      44.4      40.8     47.9       33.5     34.5        62.8    20.9       27.9
1974............................      49.3      45.2     59.0       38.0     39.3        67.1    25.0       32.3
1975............................      53.8      50.1     65.9       43.4     43.9        71.1    29.3       40.2
1976............................      56.9      53.8     72.2       48.6     48.2        74.2    34.1       46.8
1977............................      60.6      58.1     78.1       54.5     52.7        76.9    40.3       54.2
1978............................      65.2      63.3     81.4       59.4     57.5        79.0    45.3       58.7
1979............................      72.6      69.1     84.4       65.6     63.7        82.2    52.4       66.6

1980............................      82.4      76.1     90.9       74.3     72.3        86.7    63.5       78.5
1981............................      90.9      85.6     95.3       83.5     82.0        92.2    75.3       87.9
1982............................      96.5      94.9     98.1       92.3     91.6        97.1    87.7       95.4
1983............................      99.6     100.4     99.8      100.2    100.5       100.3   100.8       99.8
1984............................     103.9     104.8    102.1      107.4    107.9       102.7   111.5      104.8
1985............................     107.6     108.9    104.1      114.0    114.2       104.8   121.1      111.1
1986............................     109.6     113.4    104.8      118.2    117.2       104.7   128.5      114.9
1987............................     113.6     118.4    104.8      122.0    120.9       104.9   134.4      119.7
1988............................     118.3     123.2    105.6      126.5    124.2       106.3   141.1      125.6
1989............................     124.0     129.3    108.1      133.2    128.6       109.2   150.4      135.4

1990............................     130.7     135.5    111.4      140.8    133.0       112.2   159.5      148.2
1991............................     136.2     143.1    115.0      148.1    137.2       116.3   169.8      156.9
1992............................     140.3     145.2    116.9      154.7    140.6       122.1   178.8      162.7
1993............................     144.5     147.9    118.4      160.2    143.5       127.6   186.3      165.3
1994............................     148.2     148.2    119.3      165.2    145.9       131.1   193.6      169.3
1995............................     152.4     151.4    119.1      170.2    148.4       133.5   204.0      175.2
1996............................     156.9     153.7    119.3      174.5    151.5       135.5   212.0      179.4
1997 ....    153.2       137.8   215.7      185.1

1996: I.........................     155.0     152.5    118.7      173.0    150.5       134.8   209.6      177.3
II........................     156.5     153.7    119.5      174.6    151.7       135.4   212.1      179.6
III.......................     157.4     153.9    119.3      174.9    151.4       135.9   212.6      179.9
IV........................     158.5     154.9    119.7      175.6    152.0       135.8   213.7      181.0

1997: I.........................     159.6     155.7    119.4      176.6    152.7       137.0   214.7      182.0
II........................     160.2     156.2    121.9      177.5    153.1       137.5   215.5      184.3
III.......................     160.8     156.6    121.9      178.4    153.3       138.5   215.9      186.2
IV p......................     161.5     156.5    122.2  .........    153.8       138.3   217.1      187.6
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\1\ Consists  of Austria,  Belgium,  Denmark,  Finland,  France, Germany, Greece, Ireland, Italy, Luxembourg,
Netherlands, Portugal, Spain, Sweden, and United Kingdom.
\2\ Prior to 1991 data are for West Germany only.
\3\ All data exclude construction. Quarterly data are seasonally adjusted.

Sources: National sources as reported by Department of Commerce (International Trade Administration, Office of
Trade and Economic Analysis), Department of Labor (Bureau of Labor Statistics), and Board of Governors of the
Federal Reserve System.