HC Deb 22 February 1962 vol 654 cc69-73W
66. Mr. A. Lewis

asked the Chancellor of the Exchequer whether he will publish in HANSARD a table of figures giving the percentage rise-or-fall, or an annual

TABLE I
1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961
Index of industrial production (1) 100 98 103 110 116 116 118 117 123 131 133*
Coal production (deep-mined and opencast) 100 102 101 101 99 100 100 97 92 87 85
Total in civil employment (2) 100 99 100 102 103 104 105 104 104 106 108
Registered unemployed (3) 100 164 135 113 94 102 123 178 182 140 134
Wages 100 107 113 121 132 143 150 152 157 169
Salaries 100 108 113 121 133 147 159 167 179 196
Gross trading profits of companies (4) 100 88 93 103 114 115 120 117 130 138
Gross ordinary dividends (4) 100 99 108 120 131 137 143 150 178 220
Income from rent (5) 100 110 124 142 144 157 169 198 209 217
Retail price index (1) 100 109 113 115 120 126 130 134 135 136 141
Purchasing power of £(6) 100 94 93 91 88 84 82 80 80 79 76‡
Expenditure on educational building 100 113 116 120 133 167 200 203 208 210
Expenditure on local authority houses 100 123 140 127 108 103 99 84 83 85
Value of exports and re-exports 100 101 99 102 112 121 126 122 128 136 142
Terms of trade (1) 100 94 88 88 89 88 85 80 80 79 76
* First eleven months. † Figures for 1961 not yet available. ‡ Provisional.
(1) For each of these series it has been necessary to link series with different base dates and different weighting systems. The movements over the whole period shown are therefore only approximate.
(2) Mid-year.
(3) Monthly average.
(4) All companies except those nationalised during some part of the period 1938 to 1960.
(5) Rental incomes from all types of property, after deducting the cost of repairs and other expenses but before allowing for depreciation. The imputed income from owner-occupied property is included.
(6) Based on the price index of all consumer goods and services

ratio, of the following, namely: the cost of living, salaries, wages, dividends, profits, rents, terms of trade, industrial production, bank rate, interest rates of the Public Works Loan Board, school building, council house building, exports, coal production, prices, purchasing value of the £, employment and unemployment, since 1951.

Sir E. Boyle

The information is given in the following two tables. In Table I the figures for each item are shown in index form taking 1951 as equal to 100. Table II shows the actual figures for bank rate and for the interest rates charged by the Public Works Loan Board together with the dates from which they applied, since these figures are not suitable for presentation in index form.

TABLE II
Percentages
Bank rate Interest rates charged by Public Works Loan Board
Date of change New rate Date of change Loans due for repayment in
Not more than 5 years More than 5 years but not more than 15 years More than 15 years but not more than 30 years More than 30 years
1951— 1951—
8th November 8th November 2 3
1952— 1952—
12th March 4 8th February
1953— 1953—
17th September 20th October 2⅝ 4
1954— 1954—
13th May 3 4th June
1955— 1955—
27th January 1st March 3⅛ 4
24th February 9th July
13th August 4⅛
7th September 5 5
1956— 1956—
16th February 14th January 5⅜
24th March 5⅝
23rd June
20th October
1957— 1957—
7th February 5 16th February
19th September 7 13th July 6
28th September
1958— 1958—
20th March 6 25th February
22nd May 12thJuly
19th June 5 23rd August 6 6
14th August
20th November 4 25th October 5⅞
1959—
28th March 5
1960— 1960—
21st January 5 30th January 6 6 5⅞
23rd June 6 16th July 6⅛ 6
27th October 20th August 6⅛
8th December 5
1961— 1961—
26th July 7 3rd June 6⅜ 6⅜
5th October 5th August 7 7
2nd November 6 14th October 7 7
11th November 6⅞ 6⅞