Mr. Neabertasked the Secretary of State for Prices and Consumer Protection by how many times the rate of inflation has increased in the last three months, in terms of three-month increases in the retail price index, expressed at an annual rate.
§ Mrs. Shirley WilliamsIncreases in the retail price index during recent three-monthly periods and expressed as an annual rate have been as follows.
Three months ended Percentage increase at an annual rate 1975 March … 25.6 1975 April … 34.4 1975 May … 53.1 The figure for the three months to May 1975 was very much influenced by the increases in indirect taxation introduced in the Budget.