§ 122. Sir J. Rodgersasked the Chancellor of the Exchequer if he will publish in the OFFICIAL REPORT the average annual increase in industrial investment in France, West Germany, Italy, Belgium, the Netherlands, the United States of America, Canada, Japan and Great Britain, between 1958 to 1964; 1960 to 1964 and 1964 to 1968, respectively, from information available to him from international sources.
§ Mr. William RodgersIndustrial investment has been taken to refer to gross fixed capital formation in the industries covered by the Index of Industrial Production; namely, mining and quarrying, manufacturing, construction, and gas, electricity and water. Figures on this basis are given in the table below so far as they are available. The remaining four countries mentioned in the question do not provide an analysis by industry at constant prices in their international returns. Figures for 1968 are not yet available and the final column has, therefore, been restricted to 1967.
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§ Mr. TaverneYes. The information is given below
Average annual increase per cent. 1958–64 1960–64 1964–67 West Germany n.a. 6.2 —0.8 Italy 6.8 5.0 —0.7 Belgium 10.0 8.4 10.5 Netherlands 12.7 11.7 3.1 United Kingdom 5.2 5.6 5.3