§ Mr. Atkinsonasked the Chancellor of the Exchequer what was the United Kingdom estimated disposable income per capita at 1970 prices for the years 1950, 1960, 1970, 1971, 1972, 1973 and 1974; and if he will relate by listing alongside, these statistics to volume output in the production industries over the same period.
§ Mr. Robert Sheldon:The following are figures of changes in personal disposable income at constant prices and of changes in industrial production:
ESTIMATES PER HEAD OF POPULATION Personal disposable income at 1970 prices Industrial production £ Index, 1970 = 100 1950 387 62.4 62.7 1960 515 82.9 80.1 1970 621 100.0 100.0 1971 636 102.4 100.1 1972 677 108.9 101.7 1973 713 114.9 108.9 1974 714* 115.0* 105.6(105.7*) * Average of first three quarters, seasonally adjusted, at an equivalent annual rate.