§ Mr. Parkinsonasked the Chancellor of the Exchequer what has been the annual average rate of increase in real personal disposable income per head since June 1970; and how this compares with the average rate of increase between October 1964 and June 1970.
§ Mr. NottBetween the second quarter of 1970 and the fourth quarter of 1972, the latest period for which information is available, real personal disposable income per head increased at an average annual rate of 5 per cent. Between the fourth quarter of 1964 and the second quarter of 1970 the average annual rate of increase was 1½ per cent.
§ Mr. Parkinsonasked the Chancellor of the Exchequer what has been the percentage increase in real personal disposable income per head in each of the years since 1964.
§ Mr. NottThe information is given in the following table:
382W
REAL PERSONAL DISPOSABLE INCOME PER HEAD Percentage increase on preceding year 1965 … … … … 1.7 1966 … … … … 1.6 1967 … … … … 1.1 1968 … … … … 1.5 1969 … … … … 0.2 1970 … … … … 3.4 1971 … … … … 2.9 1972 … … … … 6.8 June 1970 and April 1973, for families of various sizes on the indicated levels of income. The figures, of course, make no allowance for any growth in earnings over the period.