§ Mr. Newens
asked the Chancellor of the Exchequer what has been the percentage decrease in total output since May 1979; and what has been the percentage increase in average total output in all other Organisation for Economic Co-operation and Development countries since May 1970.
§ Mr. Brittan
Between the first half of 1979 and the second half of last year United Kingdom GDP is estimated to have declined by 3¾ per cent. The OECD Secretariat estimates that over the same period total GDP in the rest of the OECD rose by 3½ per cent.