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Mr. Gould
asked the Chancellor of the Exchequer what has been (a) the average rate of growth for the United Kingdom and (b) the average rate of growth in manufacturing output in the United Kingdom for the period 1980 to 1986; and what are the comparable figures in the other members of the G7 group.
Mr. MacGregor
[pursuant to his reply, 30 March 1987, c. 394–95]: The information requested is set out in the table.
| Output growth in the G7 countries, 1980 to 1986 (Annual average growth rates, in per cent.) | ||
| Real GDP1 | Manufacturing | |
| United Kingdom | 2·1 | 0·7 |
| United States of America | 2·4 | 3·0 |
| Japan | 3·6 | 3·3 |
| Germany | 1·4 | 1·2 |
| France | 1·3 | -0·4 |
| Italy | 21·2 | 3-0·6 |
| Canada | 2·6 | 1·5 |
| 1 At market prices. | ||
| 2 Includes OECD forecast for 1986. | ||
| 3 Up to third quarter 1986. | ||
Source: OECD 'Main Economic Indicators March 1987' 'National Accounts, Volume 1, 1987', CSO 'Economic Trends'.