Unit.ad Kingdoi Trade

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1961 lst qtr end 3rd Ath 1962 1st. 1961 Oct. Nove Dece 1962 Jane Feb. Mare

britain compared with other jiuro, 3an countries fares badly

1961 Aug. a SOpe i Oct. BY Nove " DeCe 1962 Jan.

it Sepe u Oct. es Nov. " Dec.s 1962 Jane " Fob.

of tho league, evon lagging behind Belgium now, when it comes to the cost of

Thus the same period ontirely due to down of stocks,

Exports

fob

Re-

exports

fob

& million per

the decline in imports.

etc., arising

Imports

cif

Crude

gap

month

we seo that exports averaged over the lst quarter wero down on

last year and that any improvement in the 'Crude Gap! figure is

This in turn is mainly due to the running

out of the deflationary measures of the Government. as such it is only a temporary foature or to put it anothor way if industrial activity picks up this figure will again rise.

Figures for industrial production and the cost of living show Britain in unfavourable light as compared with other industrialised countries in Jiuropes: