§ 47. Mr. Ennalsasked the Secretary of State for Social Services whether it is still his estimate that the retail price index will show a 16½ per cent. increase from November 1979 to November 1980;and, if it is a higher figure, whether he will increase the long term benefits based 439W on a 16 per cent. increase and the short term figures based on 11½ per cent.
§ Mr. PrenticeAs the right hon. Gentleman is well aware, for the purpose of the November 1980 up-rating of benefits, it was necessary at the time of the Budget in March to estimate the likely movement of prices over the period between the November 1979 and November 1980 up-ratings. Until the actual movement of prices over that period is known, we shall not be in a position to judge the accuracy of that estimate, but if in the event the actual movement of the index differs from the estimated movement, the Government will then consider what action is appropriate.