HC Deb 02 June 1997 vol 295 c88W
Mr. Mitchell

To ask the Chancellor of the Exchequer (1) what was the increase or decrease in(a) the real and (b) the nominal rate of interest in May 1997 over that in the last quarter of (i) 1973, (ii) 1976, (iii) 1985, (iv) 1991, (v) 1992 and (vi) 1995; [961]

(2) what was the increase or decrease in (a) the real and (b) the nominal exchange rate against (1) the deutschmark and (2) the United States dollar in May 1997 over the last quarter of (i) 1973, (ii) 1976, (iii) 1985, (iv) 1991, (v) 1992 and (iv) 1995. [962]

Mrs. Liddell

The interest rate data can be derived from Table 7.10 and Table 7.2A of Financial Statistics, published by the ONS.

The nominal exchange rate data can be derived from Table 29 of Main Economic Indicators, published by the OECD. The real exchange rates can then be calculated using the consumer prices indices in Table 18.

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