HC Deb 04 December 1973 vol 865 c352W
Mr. Deakins

asked the Chancellor of the Exchequer what has been the average annual percentage increase in productivity in industry over the past decade ; and what estimate he can make of future increases.

Mr. Nott

Output at constant prices per person employed in industry increased between 1962 and 1972 at an average annual rate of about 4 per cent. It is not the practice to make available estimates of future productivity.

Output is measured by the index of industrial production. Persons employed include employees, employers, and self-employed persons ; full-time and part-time workers are counted as whole units.

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