§ 53. Mr. Dykesasked the Chancellor of the Exchequer if he considers that cyclical factors currently affecting the United Kingdom economy will lead to progress in output and gross domestic product in 1983.
§ Mr. BrittanLower inflation and improved competitiveness are providing a sound basis for an upturn in output in 1983 and a better long-run performance of the economy. The autumn statement looked to growth of 1.5 per cent. in GDP in 1983. A new forecast will be published with my right hon. and learned Friend's Budget proposals on 15 March.