Inflation

Mr. Churchill
asked the Chancellor of the Exchequer what is the current rate of inflation based on the same basis as his computation of 8·4 per cent. in October 1974.-----------------
|       | | | | |
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|1945–46|…|…|…|…|50·0|45·0|
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|1946–47|…|…|…|…|45·0|39·37|
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|1947–48|…|…|…|…|45·0|37·5|
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|1948–49|…|…|…|…|45·0|36·0|
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|1949–50|…|…|…|…|45·0|36·0|
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|1950–51|…|…|…|…|45·0|36·0|
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|1951–52|…|…|…|…|47·5|38·0|
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|1952–53|…|…|…|…|47·5|36·94|
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|1953–54|…|…|…|…|45·0|35·0|
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|1954–55|…|…|…|…|45·0|35·0|
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|1955–56|…|…|…|…|42·5|33·06|
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|1956–57|…|…|…|…|42·5|33·06|
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|1957–58|…|…|…|…|42·5|33·06|
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|1958–59|…|…|…|…|42·5|33·06|
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|1959–60|…|…|…|…|38·75|30·14|
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|1960–61|…|…|…|…|38·75|30·14|
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|1961–62|…|…|…|…|38·75|30·14|
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|1962–63|…|…|…|…|38·75|30·14|
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|1963–64|…|…|…|…|38·75|30·14|
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|1964–65|…|…|…|…|38·75|30·14|
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|1965–66|…|…|…|…|41·25|32·08|
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|1966–67|…|…|…|…|41·25|32·08|
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|1967–68|…|…|…|…|41·25|32·08|
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|1968–69|…|…|…|…|41·25|32·08|
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|1969–70|…|…|…|…|41·25|32·08|
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|1970–71|…|…|…|…|41·25|32·08|
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|1971–72|…|…|…|…|38·75|30·14|
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|1972–73|…|…|…|…|(38·75|30·14)|
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|1973–74|…|…|…|…|
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|1974–75|…|…|…|…|
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|1975–76|…|…|…|…|
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Mr. Dell
The rate of increase in the retail price index in the three months to April expressed at an annual rate is 34·4 per cent.