§ LORD TEVIOTasked His Majesty's Government: If the average value and volume of retained imports and British exports in 1913 be taken as 100, what are the corresponding index numbers for each of the years 1919 to 1945?
§ LORD CHORLEYMy Lords, the attached table gives the figures requested. Since the volume calculations have necessarily been made, at different periods, on the basis of the prices of different years, the figures are only approximate. The degree of approximation increases considerably in the later years.
[Following is the table referred to.]
244WA
Year. Retained Imports. U.K. Exports. Average Value. Volume. Average Value. Volume. (1913 =100) 1919 … 247 90 277 55 1920 … 295 88 359 71 1921 … 202 73 269 50 1922 … 158 86 199 69
Year. Retained Imports. U.K. Exports. Average Value. Volume. Average Value. Volume. (1913 =100) 1923 … 152 95 190 75 1924 … 158 107 189 76 1925 … 156 111 184 76 1926 … 143 116 173 68 1927 … 137 119 164 78 1928 … 139 115 163 80 1929 … 135 122 159 82 1930 … 119 119 152 68 1931 … 97 121 137 52 1932 … 91 106 128 51 1933 … 87 106 127 52 1934 … 90 111 129 55 1935 … 93 112 130 59 1936 … 97 119 133 60 1937 … 111 127 145 65 1938 … 105 121 148 57 1939 … 106 117 147 54 1940 … 147 114 179 41 1941 … 169 99 205 32 1942 … 173 85 236 21 1943 … 195 93 257 17 1944 … 197 97 269 18 1945 … 208 75 276 26 NOTES.
1. Prior to 1st April, 1923, all trade between Southern Ireland and Great Britain and Northern Ireland was internal and therefore not recorded. For this reason the figures for the years 1919 to 1924 have been related to 1913 on the basis of the external trade of the British Isles as a whole. For the years subsequent to 1924, the figures relate to Great Britain and Northern Ireland, an appropriate adjustment being made to preserve the relationship with 1913.
2. For the years 1942 to 1945, the figures are exclusive of "munitions", i.e., aircraft and other vehicles and parts (except rubber tyres and tubes for road vehicles), and arms, ammunition and military and naval stores imported or exported by Government Departments.
House adjourned at five minutes before seven o'clock.