§ Mr. Dixonasked the Chancellor of the Exchequer what has been the increase in the money supply, taking the narrow definition of M1, in the latest 12-month period for which figures are available, in each of the EEC countries.
§ Mr. Dixonasked the Chancellor of the Exchequer what has been the percentage rise in M1 and M3, respectively, in 1970, 1971, 1972 and in each of the first three quarters of 1973.
§ Mr. NottFigures for the third calendar quarter of 1973 have not yet been published. Using the percentage increase between the end of the fourth quarter of the previous year and the end of the fourth quarter of the year shown for the annual figures, and the percentage increase between the end of the previous quarter and the end of the quarter shown for the quarterly figures, the information is as follows:
Percentage increase in M1 Percentage increase in M3 1970 9.4 9.6 1971 10.9 13.0 1972 13.7 25.8 1973— Q1* 0.1 5.8 Q2* 6.5 4.3 * Based on seasonally-adjusted data.