§ Mr. LidingtonTo ask the Secretary of State for the Home Department what figure he assumes for inflation when making his financial estimates for the financial years(a) 1999–2000, (b) 2000–01, (c) 2001–02, (d) 2002–03 and (e) 2003–04. [132350]
§ Mr. StrawInflation assumptions reflect the Gross Domestic Product (GDP) deflators produced by the Treasury, and are used in calculating real terms increases in expenditure. The factors for the financial years 1999–2000 to 2003–04 are:
Year Percentage 1999–2000 2.5 2000–01 2.25 2001–02 2.5 2002–03 2.5 2003–04 2.5