§ Mr. Ralph Howellasked the Chancellor of the Exchequer if he will show the annual growth indices since 1975 for each of gross national product, industrial production and public expenditure, distinguishing between public expenditure on goods and services, on transfer incomes and on investment.
§ Mr. Peter ReesThe available information is given in the following table. The index numbers relate to financial years rather than calendar years because figures for public expenditure are available only on this basis. The estimates of total public expenditure in cost terms are on the same basis as in Cmnd. 9143 and have been produced by adjusting the cash figures by the gross domestic product deflator at market prices to allow for inflation.