ECONOMIC GROWTH

HC Deb 21 June 1977 vol 933 cc426-7W

Q28. Mr. Ridley

asked the Prime Minister whether he is satisfied with the rate of economic growth.

The Prime Minister

There was a growth of ½ per cent. in GDP and of about 1 per cent. in industrial production in the first quarter of 1977 as compared with the last quarter of 1976. I would like it to be bigger, and sustained improvement will depend on the steady pursuit of the Government's existing policies.