Exchange Rate and Earnings

HC Deb 22 July 1982 vol 28 cc291-2W

Mr. Austin Mitchell

asked the Chancellor of the Exchequer whether he will bring up to date the figures in his written reply dated 3 November 1980, Official Report, c. 458, concerning movements in the effective exchange rate and earnings in various industries.

Mr. Bruce-Gardyne

A series of figures on the effective exchange rate is published regularly inEconomic Trends in table 50. More up to date figures are published daily in the Financial Times news summary, page 1.

^* Employment is calculated from the mid-year estimates of all employees in employment within the United Kingdom; self-employed are excluded.

† Aerospace figures are not available for 1949 on a consistent basis.

‡ 1949 data are based on the 1948 Standard Industrial Classification (SIC); 1959, 1969, 1979 and 1981 are based on the SIC for 1968. Thus movements from 1949 to 1979 are subject to some discontinuities.

Sources: Output: Central Statistical Office.

Employment: Department of Employment.