§ Mr. Clemitsonasked the Chancellor of the Exchequer how much has been invested in manufacturing industry and index of production industries, respectively, since 1970.
§ Mr. Denzil DaviesThe following table shows gross domestic fixed capital formation in manufacturing industries and in all index of production industries respectively at current and at constant 1970 prices for each year from 1970 to 1975 and for the first three quarters of 1976. Estimates are not yet available for the fourth quarter of 1976.
GROSS DOMESTIC FIXED CAPITAL FORMATION IN MANUFACTURING AND INDEX OF INDUSTRIAL PRODUCTION INDUSTRIES £ million Manufacturing Index of production industries Current prices 1970 prices Current prices 1970 prices 1970 … 2,130 2,130 3,207 3,207 1971 … 2,187 1,991 3,296 3,003 1972 … 2,044 1,738 3,154 2,677 1973 … 2,437 1,872 3,733 2,847 1974 … 3,145 2,024 5,097 3,189 1975 … 3,449 1,737 6,865 3,287 1976* … 2,781 1,221 5,727 2,390 * Total of the first three-quarters. The figure at 1970 prices are seasonally adjusted.