Retail Prices

Part of Oral Answers to Questions — Oral Answers to Questions – in the House of Commons at 12:00 am on 5th December 1977.

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Photo of Sir David Price Sir David Price , Eastleigh 12:00 am, 5th December 1977

I was aware of those figures. Is the Secretary of State saying that on the 1978 year-on-year figures the rate of inflation will be less than 10 per cent. by the end of the year? If he does, is he prepared to take a wager with me that it will be above 10 per cent. by 31st December 1978. I wager him a dinner!