§ Mr. Denzil Davies
To ask the Chancellor of the Exchequer what has been the total percentage rise in the rate of price inflation, as measured by the relevant gross domestic product deflation from the year 1981 to 1988 inclusive in the United Kingdom, the United States of America, Japan, France and the Federal Republic of Germany, respectively.
§ Mr. Lawson
Figures for the rise in the deflator between 1981 and 1987 are shown in the table. Data for 1988 not yet available.
GDP deflator total percentage change 1981–87 Per cent. United States of America1 25 Japan1 7 France 50 West Germany1 18 United Kingdom 36
Source: OECD Quarterly National Accounts.
1GNP at market prices not GDP.