HC Deb 07 April 1970 vol 799 c45W
Mr. David Howell

asked the Chancellor of the Exchequer by how much the rate of industrial gross fixed investment increased as a proportion of gross domestic product between 1951 and 1964, expressed as an annual rate; and what the corresponding figure is for the period between 1964 and the latest available convenient date.

Mr. Taverne

Gross domestic fixed capital formation by all industries except dwellings and public services, expressed as a proportion of gross domestic product at factor cost, increased by 2.0 per cent. a year between 1951 and 1964; between 1964 and 1969 (based on seasonally adjusted figures for the first three quarters of the year) the corresponding rate of increase was 0.2 per cent.

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