Manufacturers (Unit Labour Costs) (Hansard, 2 December 1981)

HC Deb 02 December 1981 vol 14 c127W 127W

§ Mr. Austin Mitchell
asked the Chancellor of the Exchequer what is his estimate, based on the latest United Kingdom figures, of the current rate of exchange and the trend rate of increase in other countries, of the United Kingdom's competitive position in terms of relative unit labour costs for manufactures.

§ Mr. Bruce-Gardyne
For the most recent estimates of the IMF's index of United Kingdom relative normalised unit labour costs, I refer the hon. Member to "International

1973 per cent. 1974 per cent. 1975 per cent. 1976 per cent. 1977 per cent. 1978 per cent. 1979 per cent. 1980 per cent.

ECSC — 17 33 49 35 34 38 36

EIB 10 18 36 38 35 22 32 25

Euratom ^*— — — —

NCI ^*38 —

^* First year of operation.

	1973 per cent.	1974 per cent.	1975 per cent.	1976 per cent.	1977 per cent.	1978 per cent.	1979 per cent.	1980 per cent.
ECSC	—	17	33	49	35	34	38	36
EIB	10	18	36	38	35	22	32	25
Euratom					^*—	—	—	—
NCI							^*38	—
^* First year of operation.