HC Deb 15 February 1979 vol 962 cc640-1W
Mr. Blaker

asked the Chancellor of the Exchequer if he will give the gross domestic product index number for every quarter since 1970 (1st. Quarter), based on 1975 = 100, for the United Kingdom, the United States of America, Italy, France, West Germany, Canada and Japan.

Mr. Denzil Davies

, pursuant to his reply [Official Report, 13 February 1979; Vol. 962, c. 506], gave the following answer:

The information available is given in the table below. The index numbers have been derived from data which have not been standardised to international definitions, but differences in definitions are unlikely to have an appreciable effect on the comparability of growth rates over this period. The constant price estimates for all the countries included in the table except the United Kingdom are still based on prices in 1970, 1971 or 1972. When these countries rebase on to 1975 prices the estimated rates of growth are likely to change slightly. For France, comparable data for the period prior to 1975 are not available.

GROSS DOMESTIC PRODUCT AT CONSTANT MARKET PRICES;
1975=100
United Kingdom† United States of America*‡ Italy§ France¶ West Germany*§ Canada* ║ Japan* §
1977— 1st quarter … 103.2 108.7 109.9 108.8 107.8 107.5 109.8
2nd quarter … 104.1 110.2 107.1 107.2 107.9 107.9 111.9
3rd quarter … 105.7 111.8 106.6 108.0 108.2 108.2 112.0
4th quarter … 106.8 112.7 106.5 108.5 109.8 109.8 113.8
1978— 1st quarter … 107.1 112.6 108.3 110.4 109.6 110.5 116.7
2nd quarter … 108.3 115.0 108.7 110.7 111.9 111.6 117.7
3rd quarter … 109.5 115.7 n.a. n.a. 112.5 112.6 119.0
4th quarter … n.a. 117.5 n.a. n.a. n.a. n.a. n.a.
Notes
n.a. = Not available.
* Gross national product at constant market prices.
† Based on data expressed in terms of 1975 prices.
‡ Based on data expressed in terms of 1972 prices.
§ Based on data expressed in terms of 1970 prices.
║ Based on data expressed in terms of 1971 prices.
¶ Incomplete data; certain service sectors associated with general government consumption are excluded from the quarterly estimates.

Sources:

United Kingdom—latest published estimates.

West Germany and Japan—OECD Main Economic Indicators.

France—International Financial Statistics.

Other countries—OECD Quarterly National Accounts Bulletin and International Financia Statistics for latest quarters.

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