Wages, Salaries and Dividends and Gross Domestic Product

HC Deb 01 March 1966 vol 725 c257W

Mr. William Hamilton

asked the Chancellor of the Exchequer if he will publish in the OFFICIAL REPORT a table showing for each of the last 10 years the percentage increases in wages and salaries, dividends, and gross domestic product, respectively, at constant 1958 prices.

Mr. MacDermot

Yes. Following is the table:

PERCENTAGE INCREASE OVER PREVIOUS YEAR
	Wages and salaries	Dividends on ordinary shares	Gross domestic product at 1958 prices
1955	9.7	9.9	3.1
1956	8.9	3.8	2.1
1957	5.8	7.3	1.8
1958	3.1	6.2	−0.3
1959	4.8	16.6	3.6
1960	7.9	19.5	5.1
1961	8.1	16.1	3.5
1962	5.2	4.0	0.7
1963	4.7	6.5	4.2
1964	8.2	13.7	5.3

Note: The percentage increases in wages and salaries and in dividends relate to the actual amounts paid. The percentage increases in gross domestic product relate to the changes in the estimates at constant 1958 prices.