HC Deb 30 November 1988 vol 142 c271W
Mr. Wallace

To ask the Chancellor of the Exchequer what is his latest forecast for the level of inflation in 1989; and if he will make a statement.

Mr. Lilley

In his autumn statement the Chancellor forecast that the retail prices index in the last quarter of 1989 would be 5 per cent. higher than a year earlier.

Mr. McAllion

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

Mr. Lilley

[holding answer 29 November 1988]: The rate of retail prices index inflation was 6.4 per cent. in October 1988.