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Imports-Exports

Volume 978: debated on Wednesday 13 February 1980

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asked the Chancellor of the Exchequer whether he will publish in the Official Report a table showing each of the Department's forecasts since 1 January 1976 for the percentage increase in imports and exports in terms of constant prices, together with the actual outcome.

The information requested is set out in the table below. It should be noted that forecasts made prior to November 1978 were at constant 1970 prices. Recorded outcomes on this basis are available only up to 1978 Q1 and will exclude subsequent data revisions.

FORECASTS AND OUTTURNS FOR EXPORTS AND IMPORTS AT CONSTANT PRICES

Base year percentage changes on a year previous

Exports of goods and services at constant prices

1976

1977

1978

1979

1980

H1

H2

H1

H2

H1

H2

H1

H2

H1

H2

Forecast publication

FSBR April 197619709
EPR January 197719708
FSBR March 197719708
EPR November 197719706
FSBR April 197719705
EPR November 1978197537
FSBR June 19791975—1½
EPR December 197919753—3½

Recorded outturns

(a) at 1970 constant prices 510
(b) at 1975 constant prices1

Imports of goods and services at constant prices

1976

1977

1978

1979

1980

H1

H2

H1

H2

H1

H2

H1

H2

H1

H2

Forecast publication

FSBR April 197619700
EPR January 197719708
FSBR March 1977197022
EPR November 19771970511
FSBR April 19781970010½8
EBR November 197819753117
FSBR January 1979197541
EPR December 1979197511—2—3

Recorded outturns

(a) at 1970 constant prices581
(b) at 1975 constant prices10