§ Mr. Teddy Taylorasked the Secretary of State for Trade what was the average monthly trade deficit in the 12 months ended October 1974; and what is the 352W comparable figure for the latest 12 months for which figures are available.
§ Mr. MeacherThe average monthly visible trade deficit in the 12 months ended October 1974 was £410 million, seasonally adjusted on a balance of payments basis. The comparable figure for the 12 months ended April 1976 was £224 million.
§ Mr. Teddy Taylorasked the Secretary of State for Trade what was the trade deficit with the EEC in the 12 months before Great Britain joined; and what is the total for the last year.
§ Mr. MeacherIn 1972 our visible trade deficit, on a balance of payments basis, was £583 million. In the year ended March 1976 the corresponding deficit, seasonally adjusted, was £2,153 million.