Skip to main content

Broad And Narrow Money

Volume 76: debated on Wednesday 3 April 1985

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Chancellor of the Exchequer, further to his answer of 5 March, Official Report, columns 495–96, concerning the supply of broad money and narrow money in the United Kingdom and certain other countries, whether he will publish a table in the Official Report showing the figures deflated by the increase in output or money gross domestic product.

The money supply data underlying the growth rates given in the previous answer were taken from financial statistics—for the United Kingdom—and from the IMF's international financial statistics — for other countries. Precise definitions were given in the footnotes to the table. The data on money GNP needed to construct estimates of velocity can also be found in international financial statistics (line 99a).