§ 7. Mr. Durantasked the Secretary of State for Prices and Consumer Protection what is his attitude to the conclusions of the Organisation for Economic Cooperation and Development economic outlook for the United Kingdom 1978, number 22.
§ Mr. HattersleyI was glad to note that during the last six months for which information was available inflation in the United Kingdom was running below the OECD figure. I was gratified to discover that the OECD shares my view that once we have reached single figure inflation at an annual rate we will maintain it throughout 1978.