§ Sir C. Osborneasked the Chancellor of the Exchequer if he will give in column form the percentage of inflation which took place every year separately from 1946 to 1965, inclusive.
§ Mr. MacDermotThe rate of inflation could be measured in various ways, which would not necessarily give the same result. A rough indication, however, can be given from the movement of the con-168W sumer price index, the annual increase in which is shown in the table below:
Consumer price index percentage increase over previous year 1946 Not available 1947 6.8 1948 7.3 1949 2.3 1950 2.6 1951 9.6 1952 5.9 1953 1.9 1954 1.9 1955 3.6 1956 4.6 1957 3.3 1958 2.8 1959 0.5 1960 0.9 1961 3.0 1962 3.6 1963 1.3 1964 2.8 1965 (provisional) 4.4