§ 14. Mr. Neubert
asked the Chancellor of the Exchequer what is his current estimate of the annual rate of inflation for the calendar year 1982.
§ 23. Sir William van Straubenzee
asked the Chancellor of the Exchequer what he now considers to be the prospect for the rate of inflation at the year end.
§ Mr. Brittan
Inflation, as measured by the retail prices index, is likely to be about 8¾ per cent. between 1981 and 1982. The year on year rate for September was down to 7.3 per cent. , and is expected to be at or below 6½per cent. by the end of the year.