HC Deb 01 April 1980 vol 982 cc128-30W
Mr. Austin Mitchell

asked the Secretary of State for Trade (1) whether he will circulate in the Official Report a table showing (a) for the second half of 1973 and (b) the second half of 1979, the relative volume and terms of trade for the items shown in table D2 of the February issue of the Monthly Review of External Trade Statistics;

(2) whether he will publish in the Official Report a table showing (a) for the fourth quarter of 1976 and (b) for the fourth quarter of 1979 the relative volume and terms of trade for the items in table D2 of the February issue of the Monthly Review of External Trade Statistics.

Mr. Parkinson

Information for the fourth quarter of 1979 is given in theMonthly Review referred to in the questions. The remaining information is as follows:

RELATIVE VOLUME* AND TERMS OF TRADE† BY MAJOR COMMODITY GROUPS
1975=100 OTS basis seasonally adjusted
Total Food, beverages and tobacco Fuels Basic materials SITC (R2) Manufactures Semi-manufactures Finished manufactures
0to9 0+1 3 2+4 5 to 8 5+6 7+8
Relative volume
Second half 1973 89.4 91 93 80 96 107 89
Second half 1979 99.1 124 373 119 77 96 65
Fourth quarter 1976 103.6 98 142 108 100 109 94
Terms of trade
Second half 1973 100.7 99 123 105 92 90 93
Second half 1979 106.6 111 120 112 106 100 111
Fourth quarter 1976 97.2 104 97 98 96 97 96
* Export volume index as a percentage of import volume index.
† Export unit value index as a percentage of import unit value index.
‡ Not seasonally adjusted.