HC Deb 27 June 1985 vol 81 c484W
23. Mr. Yeo

asked the Chancellor of the Exchequer if he will make a statement on the contribution of exports to the current level of economic activity.

Mr. Peter Rees

The rise of 8½ per cent. in the volume of exports of goods and services over the year to the first quarter of 1985 has been a major factor in the rise in total output. Strong export performance, higher investment and increased consumer spending have all contributed to a rise in gross domestic product of 3½ per cent. over the same period, allowing for the effects of the coal strike.