§ Mr. MacdonaldTo ask the Chancellor of the Exchequer what is the current inflation rate in the United Kingdom; and what it was one year ago.
§ Mr. LilleyThe all-items RPI annual inflation rate in April 1989 was 8 per cent., and was 3.9 per cent. in April 1988. The underlying rate of inflation, as measured by the RPI excluding mortgage interest payments, was 5.9 per cent. in April 1988.