HC Deb 22 November 1974 vol 881 c550W
Mr. Rost

asked the Chancellor of the Exchequer what is his estimate of the current rate of inflation, based upon the retail price index for the 12 months to October; and how this figure compares with the 17.1 per cent. rate during the 12 months to September.

Mr. Dell

The Retail Price Index for October published on 15th November shows a percentage increase over the previous 12 months of 17.1 per cent., the same as the increase over the 12 months to September.

Mr. Rost

asked the Chancellor of the Exchequer what is his latest estimate of the current rate of inflation, based upon the retail price index over the three months to October grossed up to an annual rate; and how this figure compares with the 8.4 per cent. for the three months to August, and 8.7 per cent. for the three months to September.

Mr. Dell

The Retail Price Index for the three months to October, grossed up to an annual rate, shows a percentage increase of 13.4 compared with the 8.7 for the three months to September.