Written question asked by Vincent Cable (Liberal Democrat) on Wednesday, 20 October 1999, in the House of Commons. It was due for an answer on Wednesday, 27 October 1999. It was answered by Melanie Johnson (Labour) on Wednesday, 27 October 1999 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, if he will list his Department's latest estimates for the real effective exchange rate on a monthly basis since May 1997, taking into account relative inflation and United Kingdom trade-weighted movements in other exchange rates. - Inc fact that neither the Treasury nor the Office for National Statistics publishes monthly estimates of the real effective exchange rate and ref to "Main Economic Indicators", September 1999.

Answer: Dr. Cable: To ask the Chancellor of the Exchequer if he will list his Department's latest estimates for the real effective exchange rate on a monthly basis since May 1997, taking into account relative inflation and United Kingdom trade-weighted movements in other exchange rates. [95638] Miss Melanie Johnson: Neither the Treasury nor the Office for National Statistics publishes monthly estimates of the real effective exchange rate. However, the OECD produce monthly estimates in their publication "Main Economic Indicators", with the latest estimates summarised on page 36 of the September 1999 Edition.

Secondary information