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Efficiency And Productivity

Volume 115: debated on Wednesday 29 April 1987

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asked the Secretary of State for Trade and Industry if he will make a statement on the United Kingdom's present position in the efficiency and productivity leagues of the Organisation for Economic Co-operation and Development countries.

The United Kingdom's productivity growth in manufacturing industry has been the fastest of all major OECD countries since 1979 and the prospects for further growth are excellent. This compares with the period 1973 to 1979 when the United Kingdom was at the bottom of the productivity growth league.