§ Mr. David Watkins
asked the Chancellor of the Exchequer what has been the change in the tax and price index in the past 12 months.
§ Mr. Ridley
The tax and price index for February 1982 was 162.4 based on January 1978=100. In February 1983 it stood at 171.6, an increase of 5.7 per cent. over the 12 months.