HC Deb 21 March 1978 vol 946 c543W
Mr. Gould

asked the Chancellor of the Exchequer what was the ratio of the increase in manufactured exports prices over the period 1952 to 1976 to the corresponding increase in wholesale prices for each of the eight largest manufacturing countries based: (a) on trade in 1963 and (b) trade in 1970.

Mr. Meacher

I have been asked to reply.

COMPARISONS of MANUFACTURED EXPORT UNIT VALUE AND WHOLESALE PRICE INDICES
UVI 1976* WPI 1976† (a)
Country UVI 1952 WPI 1952 (b)
(a) (b)
Belgium/Luxembourg … … … … 1.39 1.72‡ 0.81‡
Canada … … … 1.86 2.27 0.82
France … … … … 2.58§ 2.32§ 1.11§
Germany … … … … 1.33 1.56 0.85
Italy … … … … 20.9 3.01 0.70
Japan … … … … 1.34 1.89 0.71
United Kingdom … … … … 3.62 3.31 1.09
United States of America … … … 2.46 2.06 1.19
* Export unit values for manufactured goods.
† Wholesale price indices. These are subject to variable coverage. Source: IFS.
‡ Wholesale price index for Belgium alone.
§ 1952 to 1975.

Sources:

  • IMF International Financial Statistics May 1977.
  • U.N. Statistical Yearbook 1962.
  • U.N. Monthly Bulletin, December 1977.