HC Deb 10 April 1978 vol 947 c322W
Mr. Ron Thomas

asked the Chancellor of the Exchequer by how much the prices of United Kingdom imports and exports, respectively, have increased at United States dollar value for each year since 1970; and what was the change in the value of the £ sterling against the dollar for each of these years.

Mr. Robert Sheldon

The information is as follows:

PERCENTAGE CHANGE OVER PREVIOUS YEAR
United Kingdom export prices in United States dollars United Kingdom import prices in United States dollars United States $/£ exchange rate
1970 + 8 + 5 0
1971 + 8 + 7 + 2
1972 + 8 + 8 + 2
1973 +10 +25 - 2
1974 +23 +50 - 5
1975 +16 + 7 - 5
1976 - 2 - 1 -19
1977 +14 +12 - 3