HC Deb 30 October 1997 vol 299 c882W
31. Mr. Amess

To ask the Chancellor of the Exchequer what is his latest inflation forecast. [12679]

Mrs. Liddell

The July Budget forecast, published in the "Financial Statement and Budget Report", showed underlying retail price—RPI ex MIPs—inflation at 2½ per cent. in the fourth quarter of 1997, before edging up temporarily to 2¾ per cent. in both the second and fourth quarters of 1998.