asked the Taoiseach if he will quote the UK economic indicators, as given in a newspaper (details supplied) of 16th November, and this country's comparative figures in respect of the following: (a) wage rates base July 1972 = 100 (b) retail price base January 1962=100 (c) terms of trade base 1961 = 100 and (d) industrial output base 1963=100.
Ceisteanna—Questions. Oral Answers. - Economic Indicators.
With your permission, a Cheann Comhairle, I propose to circulate in the Official Report a statement giving the information requested by the Deputy in so far as it is available.
Following is the statement:
I.—UK Economic indicators (as quoted in the November 16th edition of the Financial Times).
Item |
Base |
Sept. 1972 |
Aug. 1972 |
July 1972 |
Sept. 1971 |
Aug. 1971 |
(a) Wage rates (all industries and services) |
July 1972 = 100 |
106.6 |
103.5 |
100 |
90.4 |
89.9 |
(b) Retail prices |
January 1962=100 |
166.4 |
165.4 |
164.2 |
155.5 |
155.3 |
(c) Terms of trade |
1961 = 100 |
110 |
112 |
111 |
109 |
109 |
(d) Industrial Output (seasonally adjusted) |
1963 = 100 |
130.3 |
130.1 |
131.0 |
125.5 |
125.7 |
II.—Irish data
Note:—
The series under (a), (b) and (d) are compiled on a quarterly basis only.
(a) Indexes of average hourly earnings in Transportable goods Industries (a corresponding series for wage rates is not available).
rebased to mid-June |
1972=100 |
mid-March |
1972=97.3 |
mid-December |
1971=92.9 |
mid-September |
1971=90.5 |
mid-June |
1971=87.8 |
(b) Consumer Price Indexes.
rebased to mid-February |
1962=100 |
mid-August |
1972=181.0 |
mid-August |
1971=166.3 |
(c) Terms of Trade Indexes.
rebased to |
1961=100 |
August |
1972=119.0 |
July |
1972=117.9 |
September |
1971=110.3 |
August |
1972=107.9 |
July |
1972=108.5 |
(d) Indexes of Volume of Production for Transportable goods Industries.
rebased to |
1963=100 |
Second quarter |
1972=175.5 |
First ,, |
1972=158.1 |
Fourth ,, |
1971=170.9 |
Third ,, |
1971=161.8 |
Second ,, |
1971=170.4 |
NOTE: These are not seasonally adjusted indexes.