HC Deb 22 June 1993 vol 227 cc90-1W
Mr. Leighton

To ask the Chancellor of the Exchequer what is the current(a) inflation rate, (b) budget surplus or deficit as a percentage of gross domestic product, (c) public debt as a percentage of gross domestic product and (d) long-term interest rate, of each of the EC member states.

Mr. Nelson

The information requested is set out in the table.

Latest inflation1 Budget balance2 General government debt3 Long-term bond yield4
Germany5 4.0 -2.8 45.9 6.8
Greece 16.2 -13.8 105.6 n/a
Ireland 1.9 -2.4 99.0 7.6
Italy 4.0 -9.5 106.8 10.5
Luxembourg 3.8 -1.6 6.8 7.2
Netherlands 2.3 -3.3 79.8 6.6
Portugal 5.7 -5.4 66.2 12.2.
Spain 4.6 -4.5 47.4 10.7
United Kingdom 1.3 -6.2 45.9 8.0
1 Latest percentage change in consumer prices on year ago.
2 1992 general government financial balance (as a percentage of GDP), European Commission.
3 1992 gross debt of general government (as a percentage of GDP), estimates taken from European Economy (Annual Economic Report for 1993).
4 Yield on fixed interest government securities on 15 June 1993.
5 Inflation and government debt figures are for western Germany.

Source: OECD and Eurostat