§ Mr. LeightonTo ask the Secretary of State for Trade and Industry what was the increase in the prices of output since October 1990 in(a) the United Kingdom and (b) Germany.
§ Mr. Maples[holding answer 25 June 1991]: I have been asked to reply.
Between 1990 quarter 3 and 1991 quarter 1 the implied deflator of United Kingdom GDP rose by 2¼ per cent. and the implied deflator of GNP in Germany rose by 1 per cent. Both these figures are measured at market prices. The implied deflator of GDP measures the prices of the net output of total goods and services in the economy. Figures based on GNP have been used for Germany because they are the most comparable available.