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Inflation

Volume 184: debated on Thursday 31 January 1991

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23.

To ask the Chancellor of the Exchequer if he will make a statement on the prospects for inflation.

RPI inflation fell from 10·9 per cent. in October to 9·3 per cent. in December. This is consistent with the autumn statement forecast which pointed to a fall to 5½ per cent. by the fourth quarter of this year.