Inflation

HC Deb 17 June 1992 vol 209 cc535-6W

Mr. Clappison

To ask the Chancellor of the Exchequer what is Britain's retail price inflation rate; and what is the EC average.

Mr. Nelson

The inflation rate in the United Kingdom, as measured by the retail prices index compared with a year earlier, stood at 4.3 per cent. in May this year. The corresponding figure for the EC in April, the latest month for which information is available, was provisionally 4.8 per cent.