§ Mr. Gouldasked the Secretary of State for Trade and Industry whether he will publish in the Official Report a table showing the change in the index of competitiveness each year since 1953 based on relative export prices.
§ Mr. ChannonThe information for 1963 and subsequent years is in the table. Data for earlier years are not readily available.
United Kingdom Relative Export Prices* Year Index 1980 = 100 1963 82.6 1964 82.7 1965 84.7 1966 86.8 1967 85.6 1968 80.5 1969 79.9 1970 80.9 1971 82.6 1972 82.7 1973 76.1 1974 74.6 1975 77.9 1976 75.5 1977 79.7 1978 84.5 1979 90.4 1980 100.0 1981 98.1 1982 92.5 * Defined as the unit value index of United Kingdom exports of manufactures divided by a weighted average of the unit value indices of competitors exports of manufactures, both expressed in a common currency.