HC Deb 16 December 1975 vol 902 cc563-4W
Mr. David Price

asked the Chancellor of the Exchequer what is his estimate of the proportion of total costs that is represented by wages and salaries in both the economy as a whole and in manufacturing industry.

Mr. Denzil Davies

The percentage contributions of income from employment to the gross domestic product at factor cost for the economy as a whole, and to the output generated in manufacturing industry, are given for each of the years 1970 to 1974 below. Estimates for the economy as a whole are given on page 118 of the October 1975 issue of Economic Trends for a longer run of years.

Whole economy Manufacturing industry
1970 69.9 76.4
1971 69.4 77.0
1972 68.8 76.3
1973 69.0 78.0
1974 72.3 83.2

Income from employment includes wages, salaries and employers' contributions to National Insurance and superannuation funds.

of cloth made from a mixture of vicuna and other hair, but Customs are seeking further information to see whether a solution can be found.

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