§ 30. Mr. Knoxasked the Chancellor of the Exchequer whether he now expects the annual rate of inflation to remain in single figures during 1979.
§ 45. Mr. Lawrenceasked the Chancellor of the Exchequer what is his estimate of 699W the rate of inflation likely for September. October, November and December.
§ Mr. HealeyI am not going to speculate about the course of inflation for the rest of 1979. It will depend upon a number of factors, including world prices and increases in earnings. As I have pointed out many times before, controlling future rates of inflation depends upon moderate pay settlements now.