§ 37. Mr. Sheermanasked the Chancellor of the Exchequer what was the level of output in the first quarter of 1979; and when he expects an equivalent level to be attained.
§ Sir Geoffrey HoweThe CSO's average index of gross domestic product at constant prices was 108.l0 in the first quarter of 1979, based on a value of 100 in 1975. The forecast published at the time of the Budget implied that this level would be reached again during the first half of 1983.