§ Mr. Austin MitchellTo ask the President of the Board of Trade what assessment Her Majesty's Government have made of the effects of increases in the price of imported goods.
§ Mr. NeedhamImport prices impact on the economy in a number of ways. The Government's assessment of economic developments and prospects, published in chapter 3 of the "Financial Statement and Budget Report", took into account all relevant factors, including the prices of imported goods.
§ Mr. Austin MitchellTo ask the President of the Board of Trade what is his estimate for each line of the import figure corresponding to exports, as set out in table 2.1 for the 1994 edition of the United Kingdom national accounts.
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§ Mr. NeedhamThe answer is in the table.
Imports, from the Input-Output Make matrix for the Kingdom for 1991 and 1992 £ million at purchasers' price 1991 Agriculture, hunting, forestry and fishing 4,007 Mining and quarrying including oil and gas extraction 7,759 Manufacturing 107,753 Electricity, gas and water supply 349 Construction 0 Wholesale and retail trade; repairs; hotels and restaurants 6,142 Transport, storage and communication 8,268 Financial intermediation, real estate, renting and business activities 4,483 Public administration, national defence and compulsory social 394 Security Education, health and social work 319 Other services including sewage and refuse disposal 1,336 Total1 140,810 1992 Agriculture, hunting, forestry and fishing 4,210 Mining and quarrying including oil and gas extraction 7,456 Manufacturing 115,180 Electricity, gas and water supply 378 Construction 0 Wholesale and retail trade; repairs; hotels and restaurants 6,864 Transport, storage and communication 8,692 Financial intermediation, real estate, renting and business activities 4,634 Public administration, national defence and compulsory social 387 Security Education, health and social work 271 Other Services including sewage and refuse disposal 1,421 Total1 149,492 Source: 1 CSO Differences between totals and sums of components are due to rounding
§ Mr. Austin MitchellTo ask the President of the Board of Trade what is the Government's policy to increase the share of imports in the United Kingdom market for non-food manufactures; and what was the figure for import penetration in(a) 1973, (b) 1979 and (c) at the latest available date.
§ Mr. NeedhamIt is not the Government's policy to increase the share of imports in the United Kingdom market for non-food manufactures. The information requested can be compiled only at disproportionate cost.