HC Deb 06 November 1968 vol 772 cc92-3W
75. Mr. G. Campbell

asked the President of the Board of Trade what figures for the numbers of new car registrations in recent months he took into account before reaching a decision on the recent hire-purchase restrictions.

Mr. Dell

Estimate were available of new registrations of cars in the second and third quarters of 1968, which are 217,000 and 262,000 respectively after making allowance for seasonal factors.

Mr. Gordon Campbell

asked the President of the Board of Trade why the publication Economic Trends gives figures for the numbers of new motor car registrations, seasonally adjusted, which are different from those officially issued as the numbers of new cars actually registered in the second and third quarters of 1968.

Mr. Dell

The seasonally adjusted series of new registrations of cars, published in Economic Trends, is based on the recorded figures of new registrations and is a better indicator of the underlying trend.