HL Deb 23 March 1987 vol 486 c106WA
Lord Diamond

asked Her Majesty's Government:

What was the average real rate of interest in 1986 in the United Kingdom, and in each OECD country.

The Secretary of State for Employment (Lord Young of Graf ham)

I refer the noble Lord to the article in last September's Bank of England Quarterly Bulletin which discussed the difficulties involved in measuring real rates of interest and considered recent trends.