HL Deb 01 July 1997 vol 581 c21WA
Baroness Miller of Hendon

asked Her Majesty's Government:

What economical and fiscal factors apart from Bank base rates have an effect on the rate of inflation.

The Minister of State, Department of Trade and Industry (Lord Simon of Highbury)

There are many factors which may have an effect on the rate of inflation. A review of these together with a full forecast of the economy will be published with the Budget on 2 July.