§ Mr. WrayTo ask the Chancellor of the Exchequer what is, for each year since 1978, the average(a) rate of inflation in Japan, West Germany, the United States of America and the United Kingdom and (b) the average rate of exchange in £ sterling of the yen, the mark and the dollar.
§ Mr. Lilley[holding answer 5 December 1988]: "OECD Economic Outlook", June 1988, (table R11), gives the average annual inflation rates on a non-standardised basis for all the countries in question. Economic Trends, monthly, gives annual averages of the sterling exchange rate against the yen, mark, and the dollar.