§ 19. Mr. Nigel EvansTo ask the Chancellor of the Exchequer if he will make a statement on his target for the level of inflation in April 1997. [24339]
§ Mrs. Angela KnightThe aim of this Government is to achieve underlying inflation, as measured by the retail prices index excluding mortgage interest payments, of 2½ per cent. or less by the end of the present Parliament. Beyond this Parliament, the Government's aim is to continue to achieve underlying inflation at or below 2½ per cent.