§ 74. Mr. W. Shepherdasked the President of the Board of Trade if he will give the index figures for the price level of our imports from and exports to the dollar area in 1947 and 1948, based on 1938.
§ Mr. J. EdwardsI regret that the information asked for is not available. I have, however, had calculated index numbers of the prices of imports from and exports to North America in 1948, and I give the figures below. It would not be practicable to produce such index numbers for both 1947 and 1948 using 1938 as a base, or to extend the calculation to cover our trade with the dollar area as a whole.
Following are the figures:—
— 1948 Price Index (1938 = 100) United Kingdom Imports from North America 262 United Kingdom Exports to North America 248