§ Mr. Meacher
To ask the Chancellor of the Exchequer what has been the level of(a) world industrial output and (b) United Kingdom industrial output each year since 1960; what has been the percentage demand growth in each case; and what levels are predicted to be reached by the year 2000.
§ Mr. Norman Lamont
[holding answer 19 October 1989]: Levels of industrial production of the industrialised countries for each year since 1960 are published in the IMF publication "International Financial Statistics, 1989 Yearbook". A series of United Kingdom industrial production from 1948 to 1987 is published in "Economic Trends Annual Supplement, 1989", and the latest estimates for recent years are published in the latest Economic Trends. The OECD's latest forecasts of industrial production in its member countries are published in "OECD Economic Outlook", June 1989. The United Kingdom Government do not publish forecasts of industrial production. Forecasts of the growth of manufacturing output, the largest component of industrial production, are published in the FSBR and Autumn Statement.