HC Deb 13 May 1982 vol 23 cc312-3W
20. Mr. Adley

asked the Chancellor of the Exchequer if he will make a statement on the level of inflation in the United Kingdom and in other Organisation for Economic Co-operation and Development countries.

Mr. Hayhoe

In March, the year-on-year increase in the retail prices index fell to 10.4 per cent. in the United Kingdom, compared with an average level of inflation in all OECD countries of 8.5 per cent.

35. Mr. Beaumont-Dark

asked the Chancellor of the Exchequer, if he is satisfied with the progress being made with the policy of controlling inflation.

Mr. Hayhoe

Good progress is being made. The rate of inflation is continuing to fall, and I expect that it will be in single figures well before the end of the year.