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Average Earnings

Volume 474: debated on Thursday 24 April 2008

22. To ask the Chancellor of the Exchequer what his most recent estimate is of (a) the rate of inflation and (b) the annual change in average earnings. (200883)

In March 2008, the annual rate of inflation as measured by the consumer prices index (CPI) was 2.5 per cent. The annual change in average earnings as measured by the annual earnings index (AEI) including bonuses was 3.7 per cent. in February 2008.