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Raw Material Stocks (Value)

Volume 483: debated on Thursday 8 February 1951

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65.

asked the Chancellor of the Exchequer if he can give an estimate of the percentage change in the value, at constant prices, of stocks of imported raw materials during the first and second halves of 1950, respectively.

The value on this basis of stocks of raw materials, excluding petroleum, fell by 30th June, 1950, compared with 31st December, 1949, by 9 per cent. and at the end of December compared with 30th June, 1950, by about 6½ per cent.