§ Mr. Harry Greenway
To ask the Chancellor of the Exchequer what is the current annual rate of inflation; what was the rate in(a) 1988, (b) 1976 and (c) 1975; and if he will make a statement.
§ Mr. Nelson
The table gives the information based on the changes in the retail prices index:
Percentage change over 12 months September 19931 1.8 1988 annual average 4.9 1976 annual average 16.6 1975 annual average 24.2 1 The latest month for which data are available.