§ Mr. Austin Mitchellasked the Secretary of State for Trade if he will circulate in the Official Report a table showing the terms of trade for United Kingdom manufactures each year since 1963 and for each quarter since the beginning of 1976 on the basis of trade in (a) 1970 and (b) 1975; and if he will include similar figures for semi-manufactures and finished manufactures.
§ Mr. EyreThe information is as follows:
United Kingdom terms of trade and relative volume for trade in manufactures for each quarter since 1970.
841W
§ Mr. ParkinsonThe information is as follows:
TRADE IN MANUFACTURES* OTS Basis 1975 = 100 Terms of trade† Relative volume‡ 1970—1st quarter … 97 130 2nd quarter … 98 115 3rd quarter … 100 117 4th quarter … 101 119 1971—1st quarter … 101 115 2nd quarter … 101 123 3rd quarter … 104 123 4th quarter … 106 117 1972—1st quarter … 106 108 2nd quarter … 106 104 3rd quarter … 104 97 4th quarter … 102 103 1973—1st quarter … 102 99 2nd quarter … 99 98 3rd quarter … 92 98 4th quarter … 91 94 1974—1st quarter … 92 93 2nd quarter … 91 94 3rd quarter … 93 102 4th quarter … 96 98 1975—1st quarter … 99 99 2nd quarter … 100 101 3rd quarter … 100 96 4th quarter … 100 104 1976—1st quarter … 101 104 2nd quarter … 98 98 3rd quarter … 98 99 4th quarter … 97 98 1977—1st quarter … 99 99 2nd quarter … 100 93 3rd quarter … 102 103 4th quarter … 103 97 1978—1st quarter … 104 91 2nd quarter … 103 84 3rd quarter … 103 89 4th quarter … 103 88 1979—1st quarter … 104 74 2nd quarter … 106 78 3rd quarter … 109 79 * SITC (Rev 2) Sections 5 to 8. † Export unit value index as a percentage of import unit value index; not seasonally adjusted. ‡ Volume of exports f.o.b. as a percentage of volume of imports c.i.f.; seasonally adjusted.