§ Mr. Austin MitchellTo ask the Chancellor of the Duchy of Lancaster whether he will publish in theOfficial Report a table showing the current weights corresponding to those given in table F1 of the monthly review of external trade statistics, together with export unit values for each entry in the second quarter of 1987 using these weights.
§ Mr. Alan Clark[holding answer 22 January 1988]: Information for the calculation of current weights in 1987 is not yet available.
§ Mr. Austin MitchellTo ask the Chancellor of the Duchy of Lancaster whether the export weights used in table F8 of the monthly review of external trade statistics are the current weights; and if he will provide an estimate for the end of 1987 figures based on changes in exchange rates and on the rate of inflation.
§ Mr. Alan Clark[holding answer 22 January 1988]: The weights used in the table are 1980 base weights. International data on rates of inflation in the fourth quarter of 1987 are not available. Estimates based on changes in effective exchange rates only are in the following table.
Relative export unit value indices 1987 Q4 (Based on changes in effective exchange rates) 1980=100 Indice United Kingdom 93.2 United States 109.4 Austria 95.1 Belgium 89.4 Canada 76.9 Denmark 112.9 FR Germany 100.3 Finland 104.2 France 102.5 Italy 95.9 Japan 111.9 Netherland 86.7 Norway 87.2 Spain 98.4 Sweden 93.6 Switzerland 128.9 Sources: International Monetary Fund; Bank of England