Productivity

HC Deb 11 July 1988 vol 137 c17W

Mr. Anthony Coombs

To ask the Chancellor of the Exchequer what has been the average annual increase in the productivity of the whole United Kingdom economy since 1980.

Mr. Major

Since 1980 output per head in the whole economy has grown at an average rate of 2¾ per cent. per year, about the same as Japan and faster than any other major industrialised country.