§ Mr. Gouldasked the Chancellor of the Exchequer whether he will publish in the Official Report a table showing for each year since 1970 and each quarter since 1 January 1982 the expansion of domestic credit broken down to show (a) the net public sector contribution, (b) the net central Government contribution, (c) the net banking contribution, (d) the net overseas sector contribution and (e) other.
§ Mr. Ian StewartDomestic credit expansion—DCE—is no longer regarded by the monetary authorities as a useful indicator of monetary conditions for reasons explained in the "Bank of England Quarterly Bulletin", June 1983—page 172. The money supply counterparts are currently expressed in terms of the related aggregate "domestic counterparts". Figures on that basis back to 1970 are published inEconomic Trends, annual supplement 1983 edition, page 148, and figures for the latest years and quarters are published in Financial Statistics, table 11.3 (continued). These figures can be converted to the DCE basis by subtracting "bank lending in sterling to overseas" from "external and foreign currency counterparts" and adding it to "domestic counterparts". Figures for "bank lending in sterling to overseas" are published in Financial Statistics, table 6.1. The current edition—October 1983—gives figures back to 1978; figures back to 1970 can be obtained from earlier editions.