HC Deb 03 August 1978 vol 955 cc647-8W
Mr. George Gardiner

asked the Secretary of State for Industry if he will publish in the Official Report a table showing for each current member state of the EEC for which quarterly data is available in the Organisation for Economic Cooperation and Development publication "Quarterly National Accounts Bulletin" in each quarter since 1970, the proportion of the gross national product devoted to investment in plant and machinery.

Mr. Cryer

Relevant information is published in the OECD bulletin for the United Kingdom only of EEC machinery as a percentage of gross domestic product at current prices, not seasonally adjusted is shown below:

Per cent
1971
Quarter 1 9.5
Quarter 2 8.4
Quarter 3 8.6
Quarter 4 8.6
1972
Quarter 1 9.3
Quarter 2 8.2
Quarter 3 8.1
Quarter 4 8.4
1973
Quarter 1 9.6
Quarter 2 8.4
Quarter 3 8.5
Quarter 4 9.3
1974
Quarter 1 10.0
Quarter 2 8.9
Quarter 3 8.5
Quarter 4 9.6
1975
Quarter 1 9.4
Quarter 2 8.1
Quarter 3 8.8
Quarter 4 8.1
1976
Quarter 1 9.0
Quarter 2 8.1
Quarter 3 8.4
Quarter 4 8.8
1977
Quarter 1 9.4
Quarter 2 8.4
Quarter 3 8.8

Source: OECD Quarterly National Accounts.