§ Mr. Sillars
asked the Chancellor of the Exchequer what was the rate of inflation and unemployment before the Government embarked on phase 1 of the present wages policy; what has been the annual rate of inflation since then; and what is the current rate of unemployment.
§ Mr. Robert Sheldon
The information requested is as follows:
Rate of Unemployment percentage Year-on-Year rate Inflation percentage July 1975 4.1 26.3 July 1976 5.5 12.9 March 1977 5.6 16.7