HC Deb 15 July 1982 vol 27 c463W
33. Mr. Heddle

asked the Chancellor of the Exchequer whether he will make a statement on the progress in reducing the rate of inflation.

Mr. Brittan

Inflation is now in single figures. At the time of the Budget we forecast a year-on-year rate of 9 per cent. by the end of this year and 7½ per cent. by the middle of next; but we could well make rather better progress than that.