§ Mr. BluntTo ask the Chancellor of the Exchequer what is his estimate of the length of the current economic cycle. [62439]
§ Ms Hewitt[holding answer 8 December 1998]: The Pre-Budget Report (cm. 4076) reported that the economy is estimated to have been on trend in the first half of 1997 (paragraph A39), and is not assumed to reach an equivalent point until 2002 (paragraph A54, chart A4 refers).