§ Mr. Fosterasked the Chancellor of the Exchequer whether he sees any prospects for a reduction in the rate of inflation to between 2 and 3 per cent. per year.
§ Mr. BrittanI see no reason to regard such levels of inflation as unattainable. For the immediate future, we have forecast a year-on-year rate of inflation well down into single figures by the middle of next year.