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National Income

Volume 472: debated on Wednesday 5 March 2008

To ask the Chancellor of the Exchequer what his estimate of the gross domestic product deflator at market prices, where 2006-07 equals 100, is for financial years 2007-08 to 2010-11. (191684)

Projections for changes in the GDP deflator by financial year were published, as usual, in the 2007 pre-Budget report and comprehensive spending review (Cm 7227) Table B3: Economic assumptions for the public finance projections. This includes an estimate for 2007-08 and projections for 2008-09 through 2010-11. Updated projections will be published in the “Financial Statement and Budget Report” on 12 March 2008, in the normal way.

To ask the Chancellor of the Exchequer if he will place in the Library a copy of the seasonally adjusted Gross Domestic Product (Expenditure) deflator (YBGB), rebased to 2000, for each quarter of financial years 1990-2000 to 2007-08. (191687)

The information requested falls within the responsibility of the National Statistician, who has been asked to reply.

Letter from Karen Dunnell, dated 5 March 2008:

As National Statistician, I have been asked to reply to your recent Parliamentary Question requesting a copy of the seasonally adjusted Gross Domestic Product (Expenditure) deflator (YBGB), rebased to 2000, for each quarter of financial years 1990-2000 to 2007-08. (191687)

The attached table displays this information, with the deflator re-referenced to the 2000-01 financial year. A figure for the last quarter of the latest financial year is not yet available.

Table A

Year

Financial Quarter

Deflator (YBHB)

1990-91

Q1

73.3

Q2

75.3

Q3

75.7

Q4

77.2

1991-92

Q1

78.4

Q2

79.4

Q3

80.5

Q4

81.5

1992-93

Q1

82.3

Q2

82.0

Q3

82.4

Q4

83.5

1993-94

Q1

83.8

Q2

84.6

Q3

85.1

Q4

85.3

1994-95

Q1

85.3

Q2

85.3

Q3

86.5

Q4

86.9

1995-96

Q1

87.9

Q2

88.2

Q3

88.6

Q4

89.7

1996-97

Q1

90.9

Q2

91.6

Q3

91.5

Q4

92.3

1997-98

Q1

93.1

Q2

94.1

Q3

94.7

Q4

95.1

1998-99

Q1

95.8

Q2

96.6

Q3

96.8

Q4

97.4

1999-2000

Q1

98.3

Q2

98.6

Q3

98.5

Q4

98.9

2000-01

Q1

99.3

Q2

99.7

Q3

100.0

Q4

101.0

2001-02

Q1

101.6

Q2

101.5

Q3

102.6

Q4

103.8

2002-03

Q1

104.8

Q2

105.2

Q3

105.6

Q4

106.8

2003-04

Q1

107.8

Q2

108.5

Q3

109.0

Q4

109.2

2004-05

Q1

110.6

Q2

111.2

Q3

112.2

Q4

112.6

2005-06

Q1

113.3

Q2

113.2

Q3

114.5

Q4

115.1

2006-07

Q1

115.5

Q2

117.2

Q3

117.8

Q4

118.3

2007-08

Q1

119.8

Q2

120.6

Q3

121.0