The text on this page has been created from Hansard archive content, it may contain typographical errors.
Mr. Marten
asked the Secretary of State for Prices and Consumer Protection what is the average percentage rise in the housewife's food bill since 1st January 1973; and what effect the subsidies borne by the Exchequer, mentioned in her reply to the hon. Member for Banbury on 17th March, had on that rise.
Mr. Maclennan
Between 16th January 1973 and 18th February 1975, the latest date for which information is avail
| INDUSTRIAL INVESTMENT AS PERCENTAGE OF GDP(1) | ||||||||
| 1952 | 1957 | 1962 | 1967 | 1972 | 1973 | |||
| I. Index of Industrial Production Industries(2) | ||||||||
| United Kingdom | … | … | 5·6 | 6·7 | 6·6 | 7·1 | 5·2 | 5·5 |
| Japan | … | … | 7·1 | 11·1 | 11·9 | 10·4 | 9·6 | N.A. |
| Germany | … | … | N.A. | 7·9 | 9·0 | 7·1 | N.A. | N.A. |
| France(3) | … | … | N.A. | 7·0 | 8·4 | 8·2 | 8·4* | N.A. |
| Italy | … | … | 7·1 | 7·2 | 8·0 | 5·2 | 6·2 | N.A. |
| Norway | … | … | 8·4 | 7·8 | 9·1 | 8·4 | 7·7 | N.A. |
| Denmark(5) | … | … | 3·0 | 3·0 | 4·2 | 3·7 | N.A. | N.A. |
| Ireland | … | … | N.A. | 4·6 | 5·8 | 6·1 | N.A. | N.A. |
| II. Manufacturing and construction industries | ||||||||
| United Kingdom | … | 3·8 | 4·6 | 4·4 | 4·1 | 3·7 | 3·8 | |
| Japan | … | … | 4·5 | 7·6 | 9·5 | 8·9 | 7·9 | N.A. |
| Germany | … | … | N.A. | 6·0 | 7·3 | 5·8 | N.A. | N.A. |
| France(4) | … | … | N.A. | 4·8 | 6·9 | 6·7 | 7·4M* | N.A. |
| Italy | … | … | N.A. | N.A. | N.A. | N.A. | N.A. | N.A. |
| Norway | … | … | 5·3 | 4·8 | 5·8 | 5·8 | 5·5 | N.A. |
| Denmark(5) | … | … | 1·9 | 2·2 | 3·5 | 2·6 | N.A. | N.A. |
| Ireland | … | … | N.A. | 2·3 | 4·3 | 4·2 | N.A. | N.A. |
| Sources: |
| (a)National Accounts for OECD countries (OECD) 1950–1968 for 1952 figures. |
| (b)National Accounts for OECD countries (OECD) 1953–1969 for 1957 figures. |
| (c)National Accounts for OECD countries (OECD) 1961–1972 for other figures, except— |
| Norway—1962 and 1967 figures from (b). |
| Germany—all figures from (a) (because no investment figures in later editions). |
| United Kingdom—1973 from "National Income and Expenditure 1963–1973". |
| * 1971 (1972 not available) |
| (1)GDP measured at market prices 1952,1957 and at purchasers' values 1962,1967,1972 except for Norway where in 1962 and 1967 measured also at market prices, and Germany, where all figures are at market prices; United Kingdom 1973 are at market prices. |
| (2)Index of industrial Production industries are mining and quaryying; manufacturing; construction; gas electricity and water. |
| (3)Includes Fishing. |
| (4) Includes Fishing. And quarring of building materials. |
| (5)Excluding construction. |
| N.A.=Not available. |
able, the food index rose by 45·7 per cent. It is estimated that without the Exchequer subsidies the increase would have been about 53 per cent.