§ 22. Mr. Ioan Evans
asked the Chancellor of the Exchequer what is the latest level of total output; how this compares with the latest level of manufacturing output; and what were the comparable figures for May 1979.
§ Sir Geoffrey Howe
Activity has risen since last spring. In the fourth quarter, when activity was held down by industrial disputes and the severe weather, GDP was 3¾ per cent., and manufacturring output a little under 15 per cent., below its level on the first half of 1979.