§ Mr. Skeetasked the Chancellor of the Exchequer if he will compare the purchasing power parities of Italy, the United Kingdom, France and the Federal Republic of Germany for the last year for which figures are available.
§ Mr. Bruce-GardyneCalculations of national income and national income per head in current dollars for 1980 using purchasing power parities were recently published by the Organisation for Economic Co-operation and Development in part four of volume 1 of "National Accounts of OECD countries 1951–1980". The following figures are extracted from tables 1, 2 and 7 of that publication and from international financial statistics:
(c) Figures for the nominal exchange rate are published regularly—for example on page 50 of Economic Trends, February 1982. Calculations of "real" exchange rates were discussed in the reply given to the hon. Member on 11 December 1981.—[Vol. 14, c. 511–12.]