§ 31. Mr. Dixonasked the Chancellor of the Exchequer to what extent the economy failed to achieve an annual growth rate of 5 per cent. in 1964 to 1970, in 1970 to 1972 and since 1972, respectively.
§ Mr. HigginsFrom 1964 to 1970 the economy grew at an average rate of 2.3 per cent. No figure is yet available for the whole period 1970 to 1972, but the indicators of demand and output suggest that the current growth rate is broadly in line with the Budget forecast.
§ Mr. Martenasked the Chancellor of the Exchequer what has been the growth rate of the British economy in percentage terms since December 1970; and what is its current rate.
§ Mr. NottIn 1971 gross domestic product at 1963 prices increased by just over 1 per cent. No figure for 1972 is yet available, but the indicators of demand and output suggest the economy is growing broadly in line with the Budget forecast.