HC Deb 06 May 1982 vol 23 c122W
Mr. Austin Mitchell

asked the Chancellor of the Exchequer whether he will publish in the Official Report a table showing the improvement in the United Kingdom unit labour cost position in the third quarter of 1981 compared with the fourth quarter of 1976, together with the corresponding figures for the four largest export trig countries.

Mr Brittan

The following table shows the percentage change in competitiveness between the fourth quartet of 1976 and the third quarter of 1981 for the United Kingdom and the four largest exporting countries. A + denotes a fall in competitiveness.

Relative normal unit labour costs
United Kingdom +60.2
United States +14.1
Japan -3.3
Germany -11.0
France -2.4

Source: "International Financial Statistics" published by the IMF.