HC Deb 02 February 1995 vol 253 cc795-6W
Mr. Harry Greenway

To ask the Chancellor of the Exchequer what has been the average growth of the economy between the years February 1974 to 1979 and 1979 to date; and if he will make a statement.

Mr. Nelson

Average growth in real GDP—gross domestic product at constant factor cost—between the years 1974 to 1979 is 2 per cent. Between 1979 and the present day, average growth in GDP is 1.9 per cent.