HC Deb 30 June 1994 vol 245 c674W
Mr. MacShane

To ask the Chancellor of the Exchequer if he will make a statement on the revised OECD estimate in respect of the change in the level of German gross domestic product in 1994.

Mr. Nelson

The OECD, along with most forecasters, has revised upwards its estimates of the growth in German gross domestic product for 1994. The OECD now expects growth in Germany to be 1.8 per cent. in 1994. That compares with its projection for United Kingdom growth in 1994 of 2.8 per cent.