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Price Increases

Volume 928: debated on Monday 21 March 1977

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asked the Chancellor of the Exchequer if he will publish in the Official Report, in relation to the most recent increase in the general level of prices which he has announced, statistics of the factors contributing to this rise in the form contained in the Bank of England Quarterly Bulletin for December 1976, page 422, Table B.

This analysis was carried out by the Bank of England; the approach adopted by the Treasury would differ in certain aspects from that used by the Bank of England. However, the analysis cannot be updated, at present, because basic data for the latter part of 1976 are not yet available.