HC Deb 27 June 1985 vol 81 cc483-4W
20. Mr. Deakins

asked the Chancellor of the Exchequer whether Her Majesty's Government still expects inflation to fall to 3 per cent. by 1988.

Mr. Ian Stewart

This is still a reasonable assumption.

35. Mr. Evenett

asked the Chancellor of the Exchequer what he expects the trend in the rate of inflation to be at the end of 1985.

Mr. Ian Stewart

Downwards.

37. Mr. Andrew MacKay

asked the Chancellor of the Exchequer if he will make a statement on the current level of inflation.

46. Mr. Dubs

asked the Chancellor of the Exchequer what is the latest rate of inflation.

Mr. Ian Stewart

I refer the hon. Gentlemen to the answer given by my right hon. Friend to the hon. Member for Liverpool, West Derby (Mr. Wareing).

48. Mr. Wrigglesworth

asked the Chancellor of the Exchequer what is his latest estimate of the rate of price inflation for the second quarter of 1985.

Mr. Ian Stewart

The retail prices index rose by 6.9 per cent. in the year to April 1985, and 7 per cent. in the year to May. The rise in the year to June is also likely to be about 7 per cent.

Mr. Blair

asked the Chancellor of the Exchequer if he will list the figures for inflation and M3 since 1979 on a monthly basis.

Mr. Ian Stewart

Monthly figures for retail prices are published inEconomic Trends on page 42. Figures for M3 are given in table 11.1 of Financial Statistics.