HC Deb 18 January 1990 vol 165 cc345-6W
58. Mr. Alex Carlile

To ask the Chancellor of the Exchequer what is the average inflation rate of countries participating in the exchange rate mechanism of the European monetary system.

Mr. Ryder

On a more comparable basis, the average inflation rate of members of the exchange rate mechanism of the EMS was 4.4 per cent. in October 1989.