Written Question·Treasury·UIN 49035
Inflation
Tabled: 29 April 2025
Answered: 8 May 2025
Question
Stuart Anderson
Conservative — South Shropshire
To ask the Chancellor of the Exchequer, what steps she is taking to help return inflation to the target rate.
Answer
Emma ReynoldsInflation has fallen from the peak of 11.1%, returning to the 2% target in September 2024, before slightly increasing again to 2.6% in March. The Bank of England has the responsibility of controlling inflation, and the Government fully supports them as th...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 49035) →