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Mr. Knox
asked the Secretary of State for Industry if he will publish a table showing, on the assumption that the first quarter of 1974 is 100, what would be the index number for commodities traded internationally in each of the quarters from 1964 to the latest date for which information is available.
Mr. Deakins
I have been asked to reply.The following tables are derived from the index numbers of world export prices which are published by the Statistical Office of the United Nations in terms of the United States dollar. For convenience, the figures have also been given in terms of sterling.
| INDEX NUMBERS OF WORLD EXPORT PRICES (PRIMARY COMMODITIES AND NON-FERROUS BASE METALS) | ||||
| A. In terms of US dollars | ||||
| 1974 1st quarter=100 | ||||
| 1st quarter | 2nd quarter | 3rd quarter | 4th quarter | |
| 1964 | 37 | 36 | 36 | 36 |
| 1965 | 36 | 37 | 36 | 37 |
| 1966 | 38 | 38 | 38 | 37 |
| 1967 | 36 | 36 | 36 | 36 |
| 1968 | 36 | 36 | 35 | 36 |
| 1969 | 37 | 38 | 38 | 38 |
| 1970 | 39 | 39 | 39 | 39 |
| 1971 | 40 | 41 | 41 | 41 |
| 1972 | 44 | 45 | 46 | 48 |
| 1973 | 54 | 61 | 70 | 78 |
| 1974 | 100 | 102 | 101 | 102 |
| 1975 | 102* | |||
| B. In terms of sterling | ||||
| 1974 1st quarter=100 | ||||
| 1st quarter | 2nd quarter | 3rd quarter | 4th quarter | |
| 1964 | 30 | 29 | 29 | 29 |
| 1965 | 29 | 30 | 29 | 30 |
| 1966 | 31 | 31 | 31 | 30 |
| 1967 | 29 | 29 | 29 | 31 |
| 1968 | 34 | 34 | 33 | 34 |
| 1969 | 35 | 36 | 36 | 36 |
| 1970 | 37 | 37 | 37 | 37 |
| 1971 | 38 | 39 | 38 | 37 |
| 1972 | 39 | 40 | 43 | 47 |
| 1973 | 51 | 55 | 64 | 74 |
| 1974 | 100 | 97 | 98 | 100 |
| 1975 | 97* | |||
| * Projections based on information collected by Department of Industry. | ||||
| Source:Statistical Office of the United Nations. | ||||