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Money Supply

Volume 22: debated on Monday 19 April 1982

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asked the Chancellor of the Exchequer whether he will bring up to date the information on money supply given in the reply dated 18 December 1979, Official Report, c. 131, to the hon. Member for Grimsby.

The information is as follows:

Percentage increase in real money supply* (not seasonally adjusted)
YearPer cent.
1973
1st Quarter1·1
2nd Quarter3·5
3rd Quarter3·0
4th Quarter3·5
1974
1st Quarter-4·3
2nd Quarter-3·7
3rd Quarter-3·4
4th Quarter0·3

Year

Per cent.

1975

1st Quarter- 7·1
2nd Quarter- 2·9
3rd Quarter- 1·4
4th Quarter- 1·3

1976

1st Quarter- 3·8
2nd Quarter0·8
3rd Quarter0·7
4th Quarter- 1·5

1977

1st Quarter- 6·0
2nd Quarter1·3
3rd Quarter0·8
4th Quarter3·3

1978

1st Quarter-0·3
2nd Quarter1·4
3rd Quarter0·7
4th Quarter3·0

1979

1st Quarter-4·2
2nd Quarter0·1
3rd Quarter- 1·3
4th Quarter1·0

1980

1st Quarter- 5·9
2nd Quarter3·3
3rd Quarter1·4
4th Quarter5·1

1981

1st Quarter- 4·1
2nd Quarter3·5
3rd Quarter2·4

* Sterling M3 deflated by the implied deflator for total domestic expenditure (mid-1975= 100).