§ Mr. David Howellasked the Secretary of State for Trade if he will publish for the United Kingdom, Germany, Japan, France and Italy, for each quarter since the first quarter of 1973, indices of (a) the consumer prices index (b) domestic wholesale prices of manufactured goods (c) export prices or unit values in domestic currency terms for manufactures and (d) export prices or unit values in dollar terms for manufactures, and for the same period, a $ index of the prices of world exports of manufactures.
CONSUMER PRICES 1970 = 100 Table (a) United Kingdom German Federal Republic Japan France Italy 1973— First quarter … 122.2 116.0 116.9 115.9 117.5 Second quarter … 125.2 118.2 122.7 118.2 121.3 Third quarter … 127.7 119.3 126.5 121.1 123.6 Fourth quarter … 131.8 121.7 131.9 124.4 127.2 1974— First quarter … 137.2 124.6 144.1 129.0 133.6 Second quarter … 145.3 126.6 150.5 134.3 140.8 Third quarter … 149.4 127.8 1561 138.7 150.4 Fourth quarter … 156.1 129.5 162.7 143.1 160.0 1975— First quarter … 165.6 132.0 165.3 147.0 164.9 Second quarter … 180.7 134.5 171.0 150.6 169.3 Third quarter … 188.7 135.5 172.7 153.9 172.9 Fourth quarter … 195.2 136.7 176.7 157.3 178.1 1976— First quarter … 200.9 139.0 180.4 161.1 184.8 Second quarter … 208.0 141.1 186.6 164.8 196.5 Source: OECD 1. Main Economic Indicators.
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WHOLESALE PRICES 1970=100 Table (b) United Kingdom* German Federal Republic† Japan‡ France§ Italy§ 1973— First quarter … 119.5 111.1 106.7 115.0 112.5 Second quarter … 120.1 113.1 110.6 118.8 118.4 Third quarter … 124.2 115.1 115.9 124.1 126.4 Fourth quarter … 129.1 117.2 126.0 132.1 134.0 1974— First quarter … 138.3 124.5 143.1 149.9 159.4 Second quarter … 148.9 128.8 146.6 162.9 176.3 Third quarter … 156.1 131.3 149.2 161.9 187.5 Fourth quarter … 164.9 133.0 150.3 158.3 192.1 1975— First quarter … 176.0 134.6 149.4 153.1 192.3 Second quarter … 186.3 135.4 149.1 147.8 191.4 Third quarter … 193.4 135.7 149.5 148.2 192.9 Fourth quarter … 199.1 136.1 150.6 147.7 197.1
§ Mr. MeacherThe information is as follows. The series for wholesale prices of manufactures shown at Table (b) are those that correspond most closely to this definition. A dollar index approximating to the prices of world exports of manufactures is shown a Table (d). Developed Market Economies, to which this index refers, is composed of South Africa. Canada, the United States of America, Israel, Japan, Western Europe—including Yugoslavia but excluding Turkey—Australia and New Zealand. In 1970, the manufactured goods exports of these countries accounted for 83.6 per cent, of the world total.
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United Kingdom* German Federal Republic† Japan‡ France§ italy§ 1976— First quarter … 206.9 138.3 153.2 151.2 209.3 Second quarter … 214.4 140.5 155.9 .. .. Third quarter … 223.1 .. .. .. .. * Department of Industry—Output of manufactured products. † IMF International Financial Statistics—Industrial. ‡ UN Monthly Bulletin of Statistics—Industrial products. § Statistical Office of European Communities—Industrial products.
Unit Values of Exports of Manufactures 1970=100 In National Currency Table (c) United Kingdom German Federal Republic Japan France Italy 1973— First quarter … 118 103 100 110 110 Second quarter … 122 105 100 112 115 Third quarter … 127 106 108 115 120 Fourth quarter … 133 109 118 121 125 1974— First quarter … 142 114 134 125 137 Second quarter … 153 120 142 139 151 Third quarter … 162 125 152 147 171 Fourth quarter … 170 126 159 151 181 1975— First quarter … 179 130 157 152 188 Second quarter … 188 130 152 153 184 Third quarter … 197 132 148 151 190 Fourth quarter … 205 131 143 154 193 1976— First quarter … 214 132 140 — — Second quarter … 229 — — — — Third quarter … 242 — — — — 708W709W
In US $ Terms Table (d) United Kingdom German Federal Republic Japan France Italy Developed Market Economies 1973— First quarter 119 124 125 126 119 120 Second quarter 129 141 136 141 121 129 Third quarter 131 162 147 153 131 140 Fourth quarter 131 157 154 152 133 142 1974— First quarter 135 154 165 141 133 145 Second quarter 153 175 183 158 148 161 Third quarter 159 175 185 170 163 167 Fourth quarter 165 183 190 181 171 175 1975— First quarter 178 203 192 196 184 187 Second quarter 182 203 188 208 183 188 Third quarter 174 189 179 193 179 178 Fourth quarter 174 185 169 193 177 176 1976— First quarter 178 187 167 — — 178* Second quarter 172 — — — — 180* Third quarter 178 — — — — — Source: United Nations Monthly Bulletin of Statistics, United Kingdom Department of Industry. * United Nations Estimate.
§ Mr. David Howellasked the Secretary of State for Trade if he will publish for each quarter since the first quarter of 1973 (a) indices of the £ sterling and dollar prices or unit values of United Kingdom exports for each of SITC 5, 6, 7 and 8, and (b) an index of world export values for the same commodity groups in $ terms.
UNITED KINGDOM EXPORT UNIT VALUE INDICES 1970=100 US$ £ US$ £ US$ £ US$ £ SITC Section … … … … 5 6 7 8 1973— 1st quarter … … … … 110 109 114 113 125 124 115 114 2nd quarter … … … … 118 112 127 121 134 128 121 114 3rd quarter … … … … 118 115 132 128 135 131 125 121 4th quarter … … … … 126 125 134 135 134 135 122 123 1974— 1st quarter … … … … 135 143 138 145 136 143 120 126 2nd quarter … … … … 168 168 160 160 149 149 132 132 3rd quarter … … … … 175 179 166 170 155 158 137 140 4th quarter … … … … 186 191 170 175 163 168 141 146 1975— 1st quarter … … … … 199 200 179 180 178 179 153 153 2nd quarter … … … … 203 209 179 184 184 190 158 163 3rd quarter … … … … 185 209 169 191 179 201 157 177 4th quarter … … … … 180 211 169 198 181 213 155 182 1976— 1st quarter … … … … 183 219 170 204 187 224 156 187 2nd quarter … … … … 174 232 163 217 182 242 149 198 3rd quarter … … … … 181 245 170 231 187 254 157 213 Source: Department of Trade.