HC Deb 27 January 1977 vol 924 c755W
24. Mr. Rifkind

asked the Chancellor of the Exchequer what is his latest estimate for the current annual rate of inflation; and whether he expects that to increase or diminish over the next 12 months.

Mr. Joel Barnett

I refer the hon. Member to my reply earlier today to the hon. Member for Newbury (Mr. McNair-Wilson); and to the Treasury forecast published on 15th December and based on the general economic outlook at that time.