§ Mr. Austin Mitchellasked the Secretary of State for Trade and Industry whether he will publish in the Official Report a table showing the real exchange rate, measured in terms of export prices, for the main manufacturing countries listed in table F2 of the "Monthly Review of External Trade Statistics" in (i) the fourth quarter of 1976, (ii) the first quarter of 1979 and (iii) the latest quarter in each case for which figures are available, together with the increase in the real value of sterling against each currency from the fourth quarter of 1976 to the latest available date.
§ Mr. FletcherThe information is in the table.
351W
Relative export prices* 1980 = 100
United Kingdom compared with: 1976 fourth quarter 1979 first quarter 1984 third quarters† Percentage change 1984 third quarter on 1976 fourth quarter United States of America 68 87 63 –7 France 79 90 102 +29 Federal Republic of Germany 73 83 104 +42 Italy 79 94 101 +28 Netherlands 72 88 104 +44 Belgium/Luxembourg 73 88 108 +48 Sweden 76 94 104 +37 Switzerland 79 88 96 +22 Canada 64 93 75 +17 Japan 70 81 80 +14 * Ratios of United Kingdom's unit value of exports of manufactures to each competitor's index, all in common currency terms. † Provisional. Source: United Nations.