HC Deb 05 February 1981 vol 998 c202W
Mr. Nicholas Winterton

asked the Chancellor of the Exchequer what was the percentage rise in sterling M1 for each month since June 1979 up to the latest date for which figures are available.

Mr. Lawson

The percentage change in Ml—seasonally adjusted—each banking month since June 1979 is shown in the following table:

Banking month Percentage change in Ml
1979
June –1.1
July +2.2
August +0.5
September +0.7
October +3.0
November –1.5
December –0.4
1980
January +0.2
February –1.5
March +1.1
April –0.4
May +0.4
June –1.1
July +3.6
August +0.2
September +1.0
October +0.4
November +0.7
December +1.6