§ Mr. Gould
asked the Chancellor of the Exchequer if he will publish in the Official Report a table showing for the United Kingdom, each of the EEC Six, the United States of America and Japan the change in the real exchange rate since the average of the years 1973 to 1976 based on (a) relative gross domestic product deflators, (b) relative export prices for manufactures and (c) relative unit labour costs; and if he will include figures showing the current nominal rates in each case compared to March 1983, the fourth quarter of 1984 and January 1985.
§ Mr. Ian Stewart
A variety of indices of relative costs and prices for the countries and period requested compared with other major industrial countries are available in the table "Cost and Price Comparisons for Manufacturing" inInternational Financial Statistics. Nominal effective exchange rate indices for the period requested are available in successive issues of the Bank of England Quarterly Bulletin (table 18).
§ Mr. Austin Mitchell
asked the Chancellor of the Exchequer whether he will publish in the Official Report a table showing the indices of competitiveness in Table F3 of the "Monthly Review of External Trade Statistics for the United Kingdom" compared with Germany for the average of the years 1973 to 1976, the fourth quarter of 1976, the first quarter of 1979, the first quarter of 1981, the first quarter of 1973, the fourth quarter of 1984, the lastest available month in each case and his estimate of the current position, together with the appropriate nominal exchange rate aginst the deutschemark.
§ Mr. Channon
I have been asked to reply. The information is in the table. For the indices of import price competitiveness and relative profitability of exports (also in table F3), price information specific to UK-German trade is not readily available.