Money Supply (Hansard, 13 February 1992)

HC Deb 13 February 1992 vol 203 c595W 595W

§ Mr. Austin Mitchell
To ask the Chancellor of the Exchequer what has been the average annual increase in the real money supply(a) from 1970 to 1973, (b) from 1973 to 1979 and (c) since 1979.

§ Mr. Maples
The information is as follows:

Money supply average annual increase in real terms¹ Percentage growth

M0 M4

1 January 1970 to 31 December 1973 -0.l 8.4

1 January 1974 to 31 December 1979 -2.7 -2.6

1 January 1980 to 31 December 1991 -1.9 7.0

¹ Based on the retail prices index as the deflator.

Money supply average annual increase in real terms¹ Percentage growth
	M0	M4
1 January 1970 to 31 December 1973	-0.l	8.4
1 January 1974 to 31 December 1979	-2.7	-2.6
1 January 1980 to 31 December 1991	-1.9	7.0
¹ Based on the retail prices index as the deflator.