HC Deb 13 May 1982 vol 23 c312W
19. Mr. Richard Wainwright

asked the Chancellor of the Exchequer how the most recent estimates of monetary aggregates compare with his target range for 1982–83.

Mr. Brittan

In the banking months March and April together, sealing M3 and PSL2 are provisionally estimated to have increased by 1¼ per cent. and 2 per cent., respectively, seasonally adjusted; and M1 to have fallen by ½ per cent., seasonally adjusted. The Target range for growth at an annual rate in the period mid-February 1982 to mid-April 1983 in these aggregates is 8 to 12 per cent.

Forward to