HC Deb 27 June 1978 vol 952 c505W
Mr. Norman Atkinson

asked the Chancellor of the Exchequer if he will set out

1972 1st half = 100
Income from employment at 1970 prices(1) Consumers' expenditure at 1970 prices Imported fuel oil(2)
Seasonally adjusted
1972—1st half 100.0 100.0 100.0
2nd half 102.6 102.8 85.0
1973—1st half 106.5 106.1 99.0
2nd half 108.5 106.2 44.6
1974—1st half 107.2 104.1 61.1
2nd half 116.2 105.5 54.5
1975—1st half 119.3 105.1 55.5
2nd half 117.0 102.1 31.3
1976—1st half 117.0 103.4 35.8
2nd half 117.3 104.6 16.1
1977—1st half 112.8 102.2 39.8
2nd half 112.3 104.2 55.4

Index of industrial production Money stock (Sterling M3) expressed in terms of 1970 prices(3) (end of period) Public Sector borrowing requirement expressed in terms of 1970 prices(4) Personal Sector receipts of rent, dividends and interest (net)(5) at 1970 prices(1) 1972 = 100
Seasonally adjusted
1972—1st half 100.0 100.0 100.0
2nd half 105.0 106.5 135.0 100.0
1973—1st half 110.1 114.9 199.0
2nd half 110.4 124.8 255.0 107.2
1974—1st half 106.3 117.6 254.0
2nd half 106.7 112.5 341.0 113.8
1975—1st half 101.9 100.0 404.0
2nd half 99.4 96.2 371.0 109.1
1976—1st half 101.0 94.8 348.0
2nd half 102.1 93.1 257.0 109.7
1977—1st half 102.8 89.5 204.0
2nd half 102.7 91.6 119.0 112.6

Notes to table:

(1) Current price value revalued by the implied consumers' expenditure deflator.

(2) Relates to heavy fuel oils—Item 332.4 of the Standard Industrial Trade Classification (Revised).

(3) End-period current price value revalued by the average of the implied deflators of gross domestic product at market prices for the quarters either side of the reference date.

(4) Current price value revalued by the implied deflator of gross domestic product at market prices.

(5) Annual figures only; estimates for shorter time periods are not considered sufficiently reliable to have significance.

For a number of these items there is no entirely satisfactory method of producing estimates at constant prices. The notes to the table indicate the procedures that have been adopted.