§ 20. Mr. RostTo ask the Chancellor of the Exchequer what is his latest assessment of the prospects for retail price inflation.
§ 24. Sir Michael NeubertTo ask the Chancellor of the Exchequer what is his latest forecast of United Kingdom inflation in 1992.
§ Mr. MaplesThe Budget forecast is for RPI inflation to be down to 334 per cent. in the fourth quarter of 1992 and 314 per cent. by mid-1993.
§ 23. Mr. Simon CoombsTo ask the Chancellor of the Exchequer what is his estimate of(a) United Kingdom inflation and (b) European Community average inflation in the third quarter of 1992.
§ Mr. MaplesIn the Financial Statement and Budget Report my right hon. Friend forecast United Kingdom inflation of 334 per cent. in the final quarter of 1992. We have made no forecast of EC inflation but in January 1992 it was 4.7 per cent.