§ Mr. Tebbitasked the Prime Minister if, pursuant to his reply to the hon. Member for Melton (Mr. Latham) on 17th May that inflation is declining and will continue to decline, he will list the year-on-year rate of inflation for each of the last six months for which figures are available.
§ The Prime MinisterThe year-on-year rates of increase in the Retail Price Index are as follows:
All these figures are well below the 26.3 per cent. increase in the 12 months to July 1975.
Per cent. November 1976 15.0 December 1976 15.1 January 1977 16.6 February 1977 16.2 March 1977 16.7 April 1977 17.5