asked the Taoiseach if he will state the terms of trade index numbers for the first two quarters of 1957, respectively using (a) 1948, and (b) 1953 as base 100.
Written Answers. - Trade Index Numbers.
The following are the values of the terms of trade index, that is, the ratio of the domestic export price index to the import price index, in the first and second quarters of this year:—
Terms of Trade Index |
||
Period |
Base: |
Base: |
Year 1948 |
Year 1953 |
|
=100 |
=100 |
|
1957—January/March |
89 |
85 |
1957—April/June |
92 |
88 |