HC Deb 22 March 1983 vol 39 c384W
Q54. Mr. Peter Bottomley

asked the Prime Minister if she will estimate the change in earnings which would be consistent with constant prices.

Mr. Whitelaw

I have been asked to reply.

The change in earnings consistent with stable prices depends in the long run primarily on the rate at which workers produce extra output. The greater the growth of productivity the greater will be the earnings increase consistent with stable prices.