HC Deb 12 December 1988 vol 143 cc424-5W
Mr. Nigel Griffiths

To ask the Chancellor of the Exchequer if he will publish general government gross domestic fixed capital formation, total gross domestic fixed capital formation, net general government fixed capital formation and net domestic fixed capital formation for each quarter of 1978, 1979, 1987 and 1988 at constant prices, specifying in each case which deflator has been used.

Mr. Major

[holding answer 8 December 1988]: The latest constant price estimates together with the implied deflators are given in the tables. The net figures are available only on an annual basis.

Gross domestic fixed, capital formation at constant 1985 prices, seasonally adjusted in £ million, together with the implied deflators1
Year per Quarter Total Deflator for total (1985=100) General Government Deflator for General/Government (1985=100)
1978 Q1 13,957 53.5 1,994 58.3
Q2 13,738 55.4 1,944 59.2
Q3 13,629 57.7 1,931 60.8
Q4 13,590 59.7 1,815 64.2
1979 Q1 14,000 60.3 1,814 65.3
Q2 13,216 64.1 1,813 67.7
Q3 14,089 66.8 1,925 70.4
Q4 15,145 70.1 1,797 76.6
1987 Q1 15,455 105.1 1,754 101.7
Q2 15,794 109.6 1,637 100.6
Q3 16,175 111.5 1,630 101.3
Q4 16,772 112.8 1,775 103.0
1988 Q1 16,804 116.2 1,657 104.9
Q2 17,445 116.3 1,563 103.8

Net domestic fixed capital formation at constant 1985 prices in £ million, together with the implied deflators1
Year Total Deflator for total (1985=100) General Government Deflator for General Government (1985=100)
1978 20,587 56.4 4,606 56.9
1979 21,250 64.7 4,208 67.1
1987 20,546 107.6 4,057 104.3
1A large number of deflators are used in the calculation of capital formation at constant prices. The CSO's "United Kingdom National Accounts, Sources and Methods, 1985", Chapter 12, gives further details.

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