Skip to main content

Written question asked by Austin Mitchell (Labour), in the House of Commons. It was due for an answer on Thursday, 21 July 1994. It was answered by Anthony Nelson (Conservative) on Thursday, 21 July 1994 on behalf of the Treasury.


Treasury

Question
What considerations underlie his preference for the use of monetary targets instead of domestic credit as a measure of inflationary risk; and if he will publish a table showing the expansion of domestic credit each year since 1979 as a percentage of money gross domestic product along with the the actual increase in the measure of the money supply that he uses in measuring inflation and assessing its impact.

Secondary information

Type
Written question
Reference
247 c436-7W
Session
1993-94
Subjects
Credit Inflation