§ Mr. Speedasked the Secretary of State for Employment and Productivity what were the average percentage increases in industrial production at annual rates between April, 1965 and June, 1966, July, 1966 and June, 1967, July, 1967 and March, 1968, April, 1968 and December, 1968 and January, 1969 and September, 1969, respectively.
§ Mr. TaverneI have been asked to reply.
The figures are given in the table below. I would point out, however, that the calculation of annual rates for periods of differing length does not provide a series from which meaningful conclusions can be drawn.
Percentage changes in industrial production at annual rates April, 1965—June, 1966 +2.2 June, 1966—June, 1967 -0.2 June, 1967—March, 1968 6.8 March, 1968—December, 1968 +4.3 December,1968 — September, 1969 +0.8