FCO 40/1616
Rates of increase in unit value index of imports (8)
May 1982 to November 1982
November 1982 to May 1983
Foodstuffs
6
4
Consumer goods
3
9
Fuels
13
-7
Raw materials and
0
6
semi-manufactures
Capital goods
All imports
5
7
3
6
The rate of increase in import prices slowed down in the case
of foodstuffs and fuels but accelerated in the case of
consumer goods, raw materials
capital goods.
Prices of factors of production
6.5
and
semi-manufactures and
Movements in land prices are closely related to movements in the prices of finished property. With the market for finished property still depressed, the trend of falling land prices
prices(5), which began in 1981, continued into 1983.
Low density, high class residential sites were affected most,
presumably because of the abundant supply of finished flats coming on stream. While prices of commercial sites also fell,
the decline in industrial land prices appeared to have stabilized by mid year (paragraph 5.15).
(5)
/6.6 The
No reliable quantitative measure of changes in land prices is available, because of the difficulty in comparing different sites with different locations and sales conditions.
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