§ 64. Sir C. Osborne
asked the Chancellor of the Exchequer what effect the recent fall in industrial production will have on exports and on the standard of living, respectively.
§ Mr. Harold Lever
Since the industrial production index was steady both in April and May, I assume that the hon. Gentleman is referring to the one-point fall in the manufacturing component of the index in May. He should know by now that no special significance attaches to small movements in the index or its components in an individual month.