§ Mr. T. Williams
asked the President of the Board of Trade whether he can state 755W the volume and value of industrial production in the United Kingdom for the year ended 31st December last, with a comparison between 1924 representing 100 (including mines and quarries); and the figures for manufacturing industries only?
§ Captain Wallace
Particulars of industrial production in the United Kingdom in 1937 were published in the Board of Trade Journal of 17th February. The index numbers relate to volume, not value, and the base period is the year 1930. Calculations are not now made on the 1924 base but, as compared with that year, the increase in production (including mines and quarries) in 1937, may be estimated at between 40 and 45 per cent., while for manufacturing industries only the increase probably exceeded 50 per cent.