§ 25. Mr. Ben ChapmanTo ask the Chancellor of the Exchequer what his forecasts are for the impact of productivity on UK economic growth over the next three years. [35770]
§ Ruth KellyTable A4 of the November 2001 pre-Budget Report (Cm 5318) shows the assumed contribution of trend labour productivity growth to trend output growth in the Government's latest economic forecast. In the neutral case, growth of trend labour productivity is assumed to contribute 1.9 percentage points to annual trend output growth during the pre-Budget report forecast period.