HC Deb 14 March 1983 vol 39 cc63-4W
Mr. Austin Mitchell

asked the Chancellor of the Exchequer whether he will bring up to date the information given in his reply dated 27 July 1982, Official Report, c. 458, concerning manufacturers' input prices; and if he will add the latest month on a 12-month basis and include figures showing the change in the effective exchange rate in each period.

Mr. Wakeham

The information requested is as follows:

Year on year increases in the price of manufacturers' inputs of materials and fuels purchased and in the effective exchange rate.
Per Cent.
Input Prices Effective Exchange Rate
Materials* Fuels† Total
1977 on 1976 +14 +18 +15 -5
1978 on 1977 -2 +9 -1 0
1979 on 1978 +16 +12 +16 +7
1980 on 1979 +19 +27 +20 +10
1981 on 1980 +13 +18 +14 -1
1982 on 1981 +6 +10 +7 -5

Input Prices Effective Exchange Rate
Materials* Fuels† Total
February 1983 on February 1982‡ +8 +8 +8 -12
* Includes coal for carbonising and crude oil (the raw material for the mineral oil refining sector).
† Coal (except for carbonising), gas and electricity.
‡ The February input index (particularly materials) is subject to larger than usual revisions because of the uncertainty over oil prices.

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