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1/2 per cent 200 million account surplus agricultural amount balance of payments billion DM capital market consumer continued corresponding period decline dependently employed despite E.P.U. area employment estimates submitted European Defence Community European Economic Co-operation European Payments Union expenditure favourable Federal Republic Financing of Investments fixed investment forecast further German authorities German Government Germany's gold and dollar gross domestic product gross national product half high level higher increase in production increase in total increased by DM increased in 1952 INDUSTRIAL PRODUCTION internal financial stability investment financed level of investment Librairie Member countries million in 1952 million units months of 1953 number of dependently O.E.E.C. countries Organisation for European overall period of 1952 pre-war private consumption private savings published in French quarters of 1953 reduced refugees REPUBLIC OF GERMANY sectors self-financing substantial terms of trade units of account upward trend value of exports volume West Berlin Western Germany