HC Deb 13 March 1984 vol 56 c105W
Mr. Gould

asked the Secretary of State for Trade and Industry to what extent the deterioration in the trade figures in January is due to the increase of 10 per cent. in the real exchange rate against the European Economic Community currencies between the first and fourth quarters of 1983.

Mr. Channon

Many factors influence the outcome of trade in any month and it is not possible to quantify their individual effects.