Inflation

HC Deb 13 February 1986 vol 91 cc541-2W

27. Mr. Portillo

asked the Chancellor of the Exchequer what has been the average level of inflation since June 1983.

Mr. Ian Stewart

Between June 1983 and December 1985 the annualised increase in the retail prices index was 5.1 per cent.

43. Mr. Forth

asked the Chancellor of the Exchequer if he will give the average rate of inflation for each Parliament since 1956, and for this Parliament to date.

Mr. Ian Stewart

The annualised rates of increase in the retail prices index between the relevant dates are as follows:

From		To		Per cent.
May	1955	September	1959	3.0
October	1959	September	1964	3.1
October	1964	March	1966	4.3
April	1966	May	1970	4.6
June	1970	February	1974	9.5
March	1974	September	1974	17.0
October	1974	April	1979	15.2
May	1979	May	1983	11.5
June	1983	December	1985	5.1

46. Mr. Andrew McKay

asked the Chancellor of the Exchequer if he will make a statement about the current level of inflation.

Mr. Ian Stewart

Over the 12 months to December 1985, the retail prices index increased by 5.7 per cent.

61. Mr. Boyes

asked the Chancellor of the Exchequer what are the current United Kingdom levels of inflation compared with Germany, France, the United States of America and Japan.

Mr. Ian Stewart

The annual rate of consumer price inflation in November 1985 (the latest date available for international comparisons) for the United Kingdom, Germany, France, the United States of America and Japan were respectively 5.5 per cent., 1 .8 per cent., 4.8 per cent., 3.6 per cent. and 1.9 per cent.