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Economic Outlook

Volume 21: debated on Thursday 1 April 1982

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asked the Chancellor of the Exchequer whether there had been any signs indicating an improved outlook for the economy since his Budget Statement.

There have been several signs indicating an improved outlook since the Budget. Interest rates have fallen further; inflation fell in February; this year's further slowdown in the increase in unemployment has been confirmed; company profits rose further in the final quarter of last year, and the latest CBI monthly trends inquiry points to improving business prospects.