§ 32. Mr. Hunterasked the Chancellor of the Exchequer if he will give the latest available statistics of economic recovery; and if he will make a statement on the likely duration of the recovery.
§ Mr. Peter ReesEconomic growth averaged 2¾ per cent. a year between the first halves of 1981 and 1984. Total fixed investment has contributed strongly to this, increasing by 6½ per cent. a year. The Industry Act forecast presented to the House on 12 November forecast GDP growth of 3½ per cent. for 1985.