HC Deb 20 May 1968 vol 765 cc45-6W
Mr. Driberg

asked the Chancellor of the Exchequer if he will state, from figures obtainable from that organisation, how many, and which, of the 21 members of the Organisation for Economic Co-operation and Development had lower rates of inflation than the United Kingdom, as measured by the rise in consumer prices, during the 12 months to January, 1968.

Mr. Harold Lever

Between January, 1967 and January, 1968 the index of retail prices for the United Kingdom rose by 2.6 per cent. Of the 21 members of the Organisation for Economic Co-operation and Development, four— Austria, West Germany, Greece and Italy —showed a lower rate of increase for comparable indices for the same period. The remaining 16 members showed larger increases.