HC Deb 11 December 1980 vol 995 c476W
20. Mr. Bruce-Gardyne

asked the Chancellor of the Exchequer what was the rate of inflation, on a six months' basis in each of the last three months for which figures are available.

Mr. Biffen

The six-monthly increases in the retail prices index, expressed at an annual rate, for each of the last three months for which figures are available, are:

Per cent.
August 16.5
September 14.8
October 8.7

29. Mr. Cook

asked the Chancellor of the Exchequer what adjustment he has made to his forecast of inflation, in view of recent increases in the money supply.

38. Mr. Stoddart

asked the Chancellor of the Exchequer what effect his monetary policy has had on the level of inflation.

Mr. Biffen

the forecast of inflation takes full account of developments in the money supply.