HC Deb 23 November 1982 vol 32 cc402-3W
Mr. Knox

asked the Prime Minister, pursuant to her answer of 29 July, c. 1228, that from the 1970s to the 1980s, of every £100 of extra money in the economy, £95 went either to increased prices or to increased imports and £5 went to increased output, if she will assess how much of the increase in money supply in the periods June 1970 to February 1974, March 1974 to May 1979 and June 1979 to date has been reflected in increased output, increased prices and increased imports, respectively.

The Prime Minister

The information is as follows:

Notes:

* The information requested is only available on a quarterly basis.

and ‡ Based on expenditure data at factor cost.

[...] At 1975 prices.

Broadly, the "price" of total output, that is the implied index of total home costs based on expenditure data.