HC Deb 16 May 1996 vol 277 cc564-5W
23. Mr. David Atkinson

To ask the Chancellor of the Exchequer if he will make a statement on his current forecasts for the principal economic indication over the medium term. [28512]

Mr. Waldegrave

Illustrative projections for economic growth and inflation over the medium term are given in table 3.9 of the 1996–97 "Financial Statement and Budget Report", which show output growing at a rate of 2¾ per cent. to 3 per cent., whilst underlying inflation falls to 2 per cent.