§ 124. Mr. Waddingtonasked the Chancellor of the Exchequer what was the value, at 1963 prices, of manufacturing industries' capital investment, gross fixed investment and industrial investment in 1948, 1951, 1964, 1968 and such period of 1969 for which figures are available, showing for each the annual average rate of increase between 1948 and 1951, between 1951 and 1964, and between 1964 and 1969, using an annual rate if figures for the year are not available.
§ Mr. William RodgersThe following is the information.
GROSS DOMESTIC FIXED CAPITAL FORMATION Total (all industries) Manufacturing All Industries except dwellings and public services £ million at 1963 prices 1948 … 2,285 566 1,554 1951 … 2,643 788 1,847 1964 … 5,717 1,190 3,753 1968 … 6,791 1,349 4,309 1969 … 6,591* l,428† 4,200*
Annual average increases per cent. 1948–51 5.0 11.2 5.9 1951–64 6.1 3.2 5.6 1964–69 2.9* 3.7† 2.2* * Figure for 1969 is for first three quarters seasonally adjusted, at an annual rate. † Provisional figure for the year 1969.