Mr Major’s Written Parliamentary Answer on Economic Growth – 9 July 1987

Below is the text of Mr Major’s written Parliamentary Answer on Economic Growth on 9th July 1987.

Mr. Wilkinson Asked the Chancellor of the Exchequer how the growth of economic output in the United Kingdom since 1983 compares with that of other major industrialised countries.

Mr. Major Since 1983 output in the United Kingdom has grown faster than in any other major European economy.

Mr. John Hunt Asked the Chancellor of the Exchequer what is his latest estimate of the growth of the output in the economy.

Mr. Gwilym Jones Asked the Chancellor of the Exchequer what is his latest estimate of the growth of output in the economy.

Mr. Major Measured at 1980 prices, the average estimate of gross domestic product at factor cost is provisionally estimated to have risen by 3.5 per cent. in the year to the first quarter of 1987.