§ Mr. Austin Mitchellasked the Secretary of State for Trade and Industry if he will publish the relative export price of United Kingdom manufactures each year compared with German export prices for manufactures based on 1976=100 together with the change in the nominal exchange rate since the last year for which relative export prices are available.
§ Mr. Alan ClarkThe information is as follows:
Exports of manufactures Relative export prices* 1976=100 1976 100 1977 105 1978 107 1979 117 1980 133 1981 145 1982 134 1983 131 1984 138
Japan West Germany Sterling exchange rate: £1=Yen Average value of cars imported £ Sterling exchange rate: £1=Deutschemark Average value of cars imported £ 1985 287 3,296 3.63 4,921 315 3,128 3.88 4,703 328 2,849 3.92 4,784 298 3,259 3.71 5,343 1986 270 3,499 3.38 5,722 Source: Sterling Exchange Rates:
1985: Monthly Review of External Trade Statistics April 1986.
1986: Bank of England provisional figures.
Cars: Table III of the United Kingdom Overseas Trade Statistics.
Note:
Cars are defined as Standard International Trade Classification Sub-Group 781.
Imports are valued cif.