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1987-1990 - Mr Major’s Written Parliamentary Answer on the Gross Domestic Product

Below is the text of Mr Major's written Parliamentary Answer on the Gross Domestic Product on 10th March 1988.


Mr. Ashby To ask the Chancellor of the Exchequer what has been the growth of gross domestic product over the latest full year for which figures are available.

Mr. Hayward To ask the Chancellor of the Exchequer what has been the growth of gross domestic product over the latest full year for which figures are available.

Mr. Major We do not have estimates for the income and expenditure measures of GDP for the whole of 1987. In the first three quarters of 1987 the average measure of GDP was 4 per cent. higher than in the same period a year earlier.