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Economic Growth

Volume 81: debated on Thursday 27 June 1985

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30.

asked the Chancellor of the Exchequer whether he is satisfied with the current rate of growth in the economy.

Gross domestic product grew by an underlying 3½ per cent. between the first quarters of 1984 and 1985. All the indications are that we are now entering a fifth year of increased economic activity—the longest period of continuous growth since the 1973 oil crisis.