HC Deb 07 June 1988 vol 134 c523W
Mr. John Marshall

To ask the Chancellor of the Exchequer what information he has as to what has been the average rate of inflation of the economies subject to the exchange rate mechanism of the European monetary system since 1985; which country has enjoyed the lowest rate of inflation and which the highest; and what were the respective rates.

Mr. Lilley

Consumer price indices are given for all ERM member countries in "OECD Main Economic Indicators", monthly.

Mr. John Marshall

To ask the Chancellor of the Exchequer what has been the rate of inflation in the British economy since January 1985; and what information he has as to how many countries within the exchange rate mechanism of the European monetary system have had a higher rate of inflation.

Mr. Lilley

Consumer price indices for the United Kingdom and for all the ERM member countries are given in "OECD Main Economic Indicators", monthly.

Mr. Andrew MacKay

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

Mr. Lilley

The retail prices index rose by 3.9 per cent. in the year to April.

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