§ Mr. Freesonasked the Chancellor of the Exchequer what was the annual rate of inflation for 1985–86; what is the rate of inflation for April to October 1986; and what is the latest estimate of the annualised expected rate of inflation for 1986–87.
§ Mr. Ian StewartIn 1985–86 the RPI was 5.9 per cent. and the GDP deflator 6.1 per cent. higher than in 1984–85. Between April and October 1986 the RPI increased by 0.8 per cent. A forecast of 3 per cent. for inflation in 1986–87 as measured by the increase in the GDP deflator was given in the "Autumn Statement".