HC Deb 25 July 1986 vol 102 cc675-6W
Mr. Ralph Howell

asked the Chancellor of the Exchequer if, further to his answer, Official Report, column 608, of 5 June, he will state the total public expenditure at current and real prices using 1979 as 100 for each year from 1969–70 to 1985–86; and if he will state whether the 1985–86 figure is actual or estimated.

Mr. MacGregor

The public expenditure planning total figures expressed in current prices and in real terms, using 1978–79 as 100 are as follows:—

Year Current Prices* Real Terms*†
1969–70 26 75
1970–71 29 79
1971–72 33 80
1972–73 38 86
1973–74 45 95
1974–75 60 107
1975–76 74 106
1976–77 83 104
1977–78 86 96
1978–79 100 100
1979–80 118 101

Year Current Prices* Real Terms*†
1980–81 141 102
1981–82 158 104
1982–83 172 106
1983–84 183 107
1984–85 197 111
‡1985–86 204 108
* Figures from 1973–74 are based on the definition used in the 1986 public expenditure White Paper (PEWP), (Cmnd 9702). The figures up to and including 1972–73 are based on the definition used in the 1985 PEWP (Cmnd 9428) but do not include market and overseas borrowing by public corporations (including nationalised industries).
† Cash figures adjusted for general inflation as measured by the GDP deflator at market prices.
‡ Indices based on the estimated outturn figures shown in the 1986 Financial Statement and Budget Report.