HC Deb 02 July 1984 vol 63 cc15-6W
Mr. Gould

asked the Secretary of State for Trade and Industry whether he will publish in the Official Report a table showing the change in the United Kingdom's real exchange rate based on relative export prices between 1970 and (a) 1982 and (b) 1983 for each of the European Economic Community countries other than Greece.

Mr. Channon

The ratios of United Kingdom export prices to those of the requested EC countries, converted to common currency using nominal exchange rates, are as follows:

Indices of United Kingdom Relative Export Prices* (in common currency terms)
1970 1982 1983
Belgium/Luxembourg 100 126.3 †124.0
Denmark 100 120.6 ‡121.8
FR of Germany 100 113.2 ‡113.5
France 100 121.5 122.4
Ireland 100 105.0 ‡105.7
Italy 100 108.9 ║ll0.5
Netherlands 100 98.7 ¶101–3

Notes:

* Based on export unit value index numbers

† January to July 1983

‡ January to November 1983

║ January to September 1983

¶ January to October 1983

Source:

Export unit value indices: UN Exchange rates: CSO

Mr. Gould

asked the Secretary of State for Trade and Industry (1) whether he will publish in the Official Report a table showing the change in the United Kingdom real exchange rate based on relative export prices between 1970 and (a) 1982 and (b) 1983 for Canada, the United States of America, Australia, Japan, New Zealand, Spain and Hong Kong;

(2) whether he will publish in the Official Report a table showing the change in the United Kingdom real exchange rate based on relative export prices between 1970 and (a) 1982 and (b) 1983, for each of the European Free Trade Association countries.

Mr. Channon

[pursuant to the reply, 22 June 1984, c. 283.]: Data for Australia, Iceland and Portugal for 1982 and 1983 are not available. The ratios of United Kingdom export prices to those of the other countries requested, converted to common currency using nominal exchange rates, are in the tables.

Indices of United Kingdom Relative Export Prices* (in common currency terms)
With:
1970 1982 1983
Canada 100 118.4 ‡.7
USA 100 110.2 104.2
Japan 100 118.7 ║ll5.4
New Zealand 100 101.9 ‡104.8
Spain 100 132.1
Hong Kong 100 116.7 †121.6

Notes:

* Based on export unit valve index numbers

† January to June 1983

‡ January to September 1983

║January to November 1983

¶not available

Sources:

Export unit value indices—UN and National Sources Exchange Rates: CSO, Bank of England and IMF

Indices of United Kingdom Export Prices* (in common currency terms)
With:
1970 1982 1983
Norway 100 81.5 †83.7
Sweden 100 115.8 †121.2
Finland 100 91.6 †93.8
Switzerland 100 96.4 ‡93.2
Austria 100 125.4 ║l24.9

Notes:

* Based on export unit value index numbers

†January to September 1983

‡January to October 1983

¶ January to November 1983

Sources:

Export unit value indices—UN Exchange Rates—CSO and IMF