§ Mr. Gouldasked the Chancellor of the Exchequer what has been the percentage increase (a) in annual unit labour costs since 1971 and (b) in the annual amount
Percentage increase in unit labour cost for United Kingdom economy (year on year) Percentage depreciation in effective exchange rate 1971 … … … … 8.2 .. 1972 … … … … 8.0 9.1 1973 … … … … 8.3 8.0 1974 … … … … 20.9 4.8 1975 … … … … 33.1 11.0 1976 Q1 on 1975 … … … … 8.5 5.0 1976 Q2 on 1976 Q1 … … … … 3.6 8.3