§ Mr. Denzil Daviesasked the Chancellor of the Exchequer what has been the percentage increase in domestic credit expansion in each of the last three months for which figures are available.
§ Mr. LawsonDomestic credit expansion in each month as a percentage of the sterling M3 stock is as follows
Seasonally adjusted per cent.:DCE*Banking July—0.8Banking August—2.0Banking September—1.7* There are no stock figures available for DCE. The figures have been calculated by taking seasonally adjusted DCE during the month as a percentage of the seasonally adjusted sterling M3 stock at the beginning of the month.