§ Mr. Lawsonasked the Chancellor of the Exchequer if he will publish a table showing the annual rate of growth of both M1 and sterling M3, on a seasonally adjusted basis: (a) over the six months to February 1979 and (b) over the six months to February 1974.
§ Mr. Denzil Davies, pursuant to his reply [Official Report, 28 March 1979; Vol. 965, c. 233], gave the following answer:
The information is as follows:
GROWTH AT AN ANNUAL RATE Per cent. M1 Sterling M3
Six months to mid February 1974 5.1 28.4 Six months to mid February 1979 16.8 15.4