§ Mr. Osborneasked the Chancellor of the Exchequer why national consumption has increased by only 5 per cent. between 1946 and 1952, since the real national income as measured in the output of goods and services increased by 15 per cent.; and where the other 10 per cent. increased national income has gone.
§ Mr. MaudlingThe increase in output from 1946 to 1952, supplemented by a fall in public authorities'current expenditure on goods and services due largely to demobilisation, was fairly evenly divided between consumers'expenditure, fixed capital formation and the improvement of the balance of payments. Details can be found in the table on page VIII of the introduction to the Blue Book "National Income and Expenditure, 1946–1952."