HC Deb 04 March 1993 vol 220 c243W
Mr. Harry Greenway

To ask the Chancellor of the Exchequer what is the current estimate of annual change in levels of wages and salaries and of the retail prices index; and if he will make a statement.

Mr. Nelson

In December underlying average earnings growth was 4¾ per cent. This is estimated to be the lowest since 1967. In January headline RPI inflation was 1.7 per cent., also the lowest since 1967.