HC Deb 13 July 1978 vol 953 c791W
Mr. Park

asked the Chancellor of the Exchequer if the latest available figure for total consumer expenditure in 1978, revalued at 1975 prices, shows any increase over 1977.

Mr. Denzil Davies

In the first quarter of 1978 consumers' expenditure was nearly 4 per cent, higher than a year earlier. The forecast published in the FSBR was for a 5 per cent, increase between 1977 and 1978. Both these figures are at 1970 prices. The Central Statistical Office will be publishing estimates of the national accounts at 1975 prices later this year.