Written question asked by Austin Mitchell (Labour), in the House of Commons. It was due for an answer on Wednesday, 20 July 1994. It was answered by Lord Clarke of Nottingham (Conservative) on Wednesday, 20 July 1994 on behalf of the Treasury.

Treasury

Question: Pursuant to his Answer of 4th July, Official Report, column 14W, concerning the exchange rate and competitiveness, if he will publish a table showing the periods since 1970 when falls in the nominal exchange rate have been greater than that required to compensate for an increase in the general level of prices; and what evidence he has that such falls in the real exchange rate have been inflationary. - Including ref to "Financial Statistics" and "Economic Trends". - No figs given.

Secondary information