§ Mr. Hannamasked the Chancellor of the Exchequer if he will list the cumulative increases and the average
Unit labour costs in manufacturing: percentage changes over previous year 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 Belgium 3.5 8.3 4.5 5.3 15.7 14.4 2.4 5.2 1.1 1.8 6.6 — — Denmark 8.7 1.0 3.1 9.0 16.6 10.2 3.6 7.9 5.7 7.6 9.2 — — France 6.7 6.0 5.4 8.8 16.1 16.1 5.8 8.9 7.6 8.9 12.3 — — Germany 13.4 8.3 5.1 7.3 8.7 7.5 0.9 4.3 4.6 2.7 8.6 4.3 *4.0 Greece — — — — — — — — — — — — — Ireland 11.1 10.2 11.2 10.8 15.6 26.9 7.2 11.5 8.1 13.0 19.5 — — Italy 14.3 12.1 6.0 12.9 18.4 34.6 10.5 17.5 11.2 9.6 13.6 — — Luxembourg — — — — — — — — — — — — — Netherlands 56 7.1 6.2 8.1 10.1 16.4 -0.4 4.3 2.6 2.7 2.0 — — United Kingdom 13.0 10.3 4.9 5.0 23.6 32.6 12.4 11.0 14.8 14.7 22.7 8.5 *4.9 USA 7.1 0.0 0.3 1.8 13.3 8.7 3.5 5.8 7.2 8.5 11.1 6.6 *8.8 Canada 6.1 0.5 3.2 4.4 13.2 17.9 9.0 7.3 4.3 8.6 10.9 10.3 †l7.2 Japan 5.6 12.0 3.7 10.5 26.2 12.5 -1.9 1.3 -0.5 -1.7 2.7 4.0 *3.8 * (Q3) † (Q2) Source: OECD Economic Outlook—Historical Statistics, 1960–1980.
OECD Main Economic Indicator January 1983.
282Wannual rates of increase in the retail prices index from 1945 to 1951, from 1951 to 1964, from 1964 to 1970, from 1970 to 1974, from 1974 to 1979 and from 1979 to date, respectively.
§ Mr. Bruce-GardyneThe information is as follows:
Overall percentage Increase Annual average Increase 1945 to 1951 24 3.7 1951 to 1964 55 3.4 1964 to 1970 31 4.6 1970 to 1974 48½ 10.4 1974 to 1979 106 15.5 1979 to 1982 43½ 12.8