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Inflation

Volume 923: debated on Monday 20 December 1976

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asked the Secretary of State for Prices and Consumer Protection how many months behind the original forecast on inflation in the 1975 White Paper "Attack on Inflation" is the latest Government forecast.

I cannot add to what my right hon. Friend the Chancellor of the Exchequer said in reply to the hon. Member for Romford (Mr. Neubert) and my hon. Friend the Member for Stoke-on-Trent, South (Mr. Ashley) on 16th December, when he made it cleat that, given the continuing moderation in the increase in wage costs, the rate of price inflation should start falling again next summer.