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Dáil Éireann díospóireacht -
Thursday, 25 Apr 1957

Vol. 161 No. 4

Ceisteanna—Questions. Oral Answers. - Index of Terms of Trade.

asked the Taoiseach if he will state (a) using the year 1948 and (b) using the year 1953 as base 100, the index of the terms of trade for each quarter since 1948, and for January and February, 1957, if figures for the first quarter of 1957 are not available.

I propose, with the permission of the Ceann Comhairle, to circulate in the Official Report a statement showing to the bases specified in the Deputy's question quarterly index numbers of the terms of trade (defined as the ratio of the domestic export price index to the import price index) in the years 1948-56. No similar figures are yet available for any period in 1957. These figures will be furnished to the Deputy as soon as they are available.

Following is the statement:—

TERMS of Trade in each quarter of the years 1948 to 1956 (a) to base 1948 as 100 and (b) to base 1953 as 100

Period

Terms of Trade Index Numbers

1948 = 100

1953 = 100

1948

1st Quarter

101.4

96.6

2nd

,,

100.5

95.7

3rd

,,

91.1

86.7

4th

,,

107.1

102.0

1949

1st Quarter

106.3

101.2

2nd

,,

108.6

103.4

3rd

,,

99.0

94.3

4th

,,

112.0

106.7

1950

1st Quarter

105.5

100.5

2nd

,,

104.4

99.5

3rd

,,

93.8

89.3

4th

,,

110.9

105.6

1951

1st Quarter

105.7

100.7

2nd

,,

99.0

94.3

3rd

,,

91.1

86.8

4th

,,

92.0

87.6

1952

1st Quarter

95.0

90.5

2nd

,,

98.3

93.6

3rd

,,

101.8

97.0

4th

,,

101.0

96.2

1953

1st Quarter

103.9

99.0

2nd

,,

105.3

100.3

3rd

,,

106.6

101.5

4th

,,

104.3

99.3

1954

1st Quarter

103.9

99.0

2nd

,,

103.6

98.7

3rd

,,

101.6

96.8

4th

,,

101.5

96.7

1955

1st Quarter

103.6

98.7

2nd

,,

103.6

98.7

3rd

,,

102.6

97.7

4th

,,

101.4

96.6

1956*

1st Quarter

101.4

97.0

2nd

,,

98.5

93.8

3rd

,,

95.3

90.8

4th

,,

92.5

88.1

* Provisional.

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