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Interest Rates

Volume 135: debated on Monday 13 June 1988

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To ask the Chancellor of the Exchequer what information he has as to the interest rates of the countries in the European monetary system, both nominal and real; and what equivalent information he has for the other countries of the Organisation for Economic Co-operation and Development.

Various short and long-term interest rates are given for all the countries in question in "IMF International Financial Statistics", monthly. The same publication gives indices of consumer or wholesale prices which are often used to convert nominal interest rates into "real" terms.