Retail Price Index

HC Deb 21 June 1979 vol 968 c682W

Mr. Craigen

asked the Chancellor of the Exchequer what will be the overall impact of his Budget measures on the retail price index.

Mr. Lawson

In the short term it is likely in due course to add about 4 per cent. to the RPI: in the longer term inflation will be reduced by my right hon. and learned Friend's Budget.