HC Deb 12 June 1991 vol 192 cc542-5W
Mr. Lawson

To ask the Chancellor of the Exchequer if he will publish a table showing, for each month from January 1977 to the present,(a) the annual rate of growth of bank and building society lending in real terms, using the retail prices index excluding mortgage interest payments as the deflator, (b) the annual rate of growth of bank and building society lending over the previous six months, seasonally adjusted and (c) the annual rate of growth of bank and building society lending, in real terms, over the previous six months, seasonally adjusted, using the retail prices index excluding mortage interest payments as the deflator.

Mr. Norman Lamont

The available information is as follows (figures for earlier periods are not readily available):

(a) (b) (c)
Over 12 months Over 6 months annualized (seasonally adjusted)
Real terms Current prices Real terms
1983 May 15.5 10.5
1983 June 13.2 15.5 10.6
1983 July 11.4 16.0 10.8
1983 August 10.5 14.9 9.4
1983 September 10.4 16.9 11.0
1983 October 10.3 16.6 11.1
1983 November 10.3 15.8 10.5
1983 December 10.4 16.1 10.7
1984 January 11.5 17.3 12.2
1984 February 11.4 18.0 12.9
1984 March 11.8 17.4 12.1
1984 April 12.0 18.3 12.8
1984 May 11.5 18.1 12.6
1984 June 11.6 17.8 12.3
1984 July 12.4 17.5 12.4
1984 August 12.9 17.1 12.3
1984 September 12.8 17.8 13.4
1984 October 13.0 17.6 12.8
1984 November 13.5 18.4 13.7
1984 December 13.4 18.3 13.8
1985 January 12.9 18.9 13.7
1985 February 12.4 18.0 12.9
1985 March 12.5 19.0 13.1
1985 April 12.2 19.0 13.0
1985 May 12.2 18.7 12.7
1985 June 12.3 18.3 12.3
1985 July 12.4 17.1 11.3
1985 August 12.3 17.8 11.9
1985 September 11.3 16.1 10.0
1985 October 11.7 16.0 10.3
1985 November 11.4 15.5 9.7
1985 December 11.4 15.5 9.9
1986 January 10.8 15.1 9.7
1986 February 11.8 16.6 11.2
1986 March 12.1 17.3 12.8
1986 April 12.8 16.9 13.2
1986 May 12.8 17.7 14.0
1986 June 13.4 18.7 14.8
1986 July 14.1 19.9 16.1
1986 August 14.6 19.7 15.8
1986 September 14.2 18.4 14.5
1986 October 15.0 20.3 16.4
1986 November 15.7 21.1 17.2
1986 December 16.2 21.2 17.2
1987 January 16.3 20.5 16.3
1987 February 15.5 19.7 15.4
1987 March 14.7 19.9 15.5
1987 April 15.4 18.8 14.6
1987 May 15.2 17.9 13.6
1987 June 15.2 17.6 13.6
1987 July 15.4 18.6 14.4
1987 August 14.7 18.0 13.8
1987 September 16.0 19.8 15.7
1987 October 14.8 19.7 15.2
1987 November 14.3 20.3 15.6
1987 December 14.5 20.7 16.0
1988 January 15.8 21.5 17.2
1988 February 15.8 22.2 18.0
1988 March 16.5 22.2 17.8
1988 April 17.0 24.3 19.3
1988 May 17.1 24.5 19.2
1988 June 17.4 25.5 19.9
1988 July 17.7 26.2 20.2
1988 August 18.2 26.4 20.4
1988 September 18.2 26.3 20.1
1988 October 18.6 25.4 19.3
1988 November 18.5 25.1 19.0
1988 December 18.5 24.2 18.2

(a) (b) (c)
Over 12 months Over 6 months annualized (seasonally adjusted)
Real terms Current prices Real terms
1989 January 18.0 23.1 16.7
1989 February 17.6 22.7 16.1
1989 March 17.6 22.5 15.8
1989 April 16.6 21.8 15.0
1989 May 16.3 21.6 14.7
1989 June 15.7 21.2 14.4
1989 July 14.9 20.8 14.2
1989 August 15.3 21.6 15.1
1989 September 15.4 21.9 15.2
1989 October 14.4 21.1 14.1
1989 November 14.0 20.3 13.4
1989 December 14.3 21.4 14.5
1990 January 13.5 20.4 13.5
1990 February 13.7 19.8 12.8
1990 March 13.3 19.2 12.2
1990 April 10.9 18.3 9.6
1990 May 10.3 18.3 9.4
1990 June 9.7 16.3 7.5
1990 July 8.7 15.3 6.5
1990 August 7.1 14.0 4.5
1990 September 5.7 12.4 2.7
1990 October 5.4 12.8 3.0
1990 November 5.7 12.7 3.2
1990 December 4.4 11.5 2.3
1991 January 4.2 11.2 2.5
1991 February 3.5 10.9 2.1
1991 March 2.4 9.7 1.2
1991 April 3.7 8.7 1.8

Banks and building societies lending to the M4 private sector:

(a) 12 month growth rate in real terms

(b) 6 month growth rate (sa)

(c) 6 month growth rate (sa) in real terms