BALANCE OF TRADE.

HC Deb 15 June 1937 vol 325 cc173-4

4. Mr. Bellenger

asked the President of the Board of Trade whether he can give any estimate of the present balance of trade for the United Kingdom?

Mr. Stanley

The excess of imports over exports of merchandise in the trade of the United Kingdom during the first five months of 1937 was £154.4 million. It is not practicable to furnish, for periods other than a calendar year, an estimate of the invisible items entering into the balance of payments.