HC Deb 11 July 1974 vol 876 c527W
15. Mr. Pardoe

asked the Chancellor of the Exchequer what has been the annual escalation in the rate of inflation in each calendar year since 1964 and in each of the last 12 months at an annual rate.

Mr. Joel Barnett

Following are the figures:

Percentage Increase in Retail Price Index on previous year
1964 3.3
1965 4.8
1966 3.9
1967 2.5
1968 4.7
1969 5.4
1970 6.4
1971 9.4
1972 7.1
1973 9.2
1973
June 9.3
July 9.4
August 8.9
September 9.3
October 9.9
November 10.3
December 10.6
1974
January 12.0
February 13.2
March 13.5
April 15.2
May 16.0