§ 23. Mrs. Renée Short
asked the President of the Board of Trade if he will cease the practice of publishing the trade figures every month.
§ Mrs. Short
Would not my hon. Friend agree that some of the difficulties the pound has run into of late can be traced to this neurotic preoccupation with the monthly trade figures? Is it not the case that no other country publishes trade information in the form we make ours available to friend and foe alike? Does not my hon. Friend think we should publish the trade figures less frequently?
§ Mr. Dell
I think that we must publish the figures monthly. Our major trading competitors publish theirs monthly. I believe that people increasingly understand that one should not rely on a single month's figures for trade and that they will understand this even more when they observe the continuing favourable trend in our balance of payments.
§ Mr. Stratton Mills
Would not the proposal put by the hon. Member for Wolverhampton, North-East (Mrs. Short) have the effect of stopping the Prime Minister talking of economic miracles?