Gross Domestic Product Deflator

HC Deb 10 November 1988 vol 140 c251W

Dr. Bray

To ask the Chancellor of the Exchequer by what percentage the gross domestic product deflator assumed for the financial year 1989–90 in table 1 of his autumn statement on public expenditure plans exceeds the gross domestic product deflator assumed for 1989–90 in his autumn statement in 1987.

Mr. Major

[holding answer 9 November 1988]: In the 1988 autumn statement, the GDP deflator is assumed to rise by 5 per cent. in 1989–90. The corresponding assumption in the 1987 autumn statement was 3½f per cent.