HC Deb 05 July 1990 vol 175 cc690-1W
10. Mr. Day

To ask the Chancellor of the Exchequer if he will make a statement on the growth of manufacturing exports since 1985.

Mr. Norman Lamont

Over the period 1985 to 1989, the volume of manufactured exports rose by 31 per cent.; the fastest four-year growth rate since the comparable period ending in 1971.

Mr. French

To ask the Chancellor of the Exchequer if he will list the manufacturing output figures for each EC country for the most recent year for which figures are available, and in 1979.

Mr. Norman Lamont

Recent data on manufacturing output for the United Kingdom are published in the CSO's Economic Trends and for other EC countries in the OECD's Main Economic Indicators.

Mr. French

To ask the Chancellor of the Exchequer if he will list the manufacturing investment figures for the last two years; and if he will make a statement.

Mr. Norman Lamont

At 1985 prices, the estimates of manufacturing investment in 1988 and 1989, including leased assets, are £11,334 million and £12,054 million respectively Investment grew by an average 9 per cent. in the two years. This follows four years of growth averaging almost 8 per cent.