Inflation: Standard of Living

Wales written question – answered on 4th July 2012.

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Photo of Owen Smith Owen Smith Shadow Secretary of State for Wales

To ask the Secretary of State for Wales what assessment she has made of the effect of inflation on the living standards of people in Wales in the last 18 months.

Photo of Dame Cheryl Gillan Dame Cheryl Gillan The Secretary of State for Wales

Despite the difficult conditions inflation is falling. CPI inflation, as the hon. Gentleman will be aware, fell for the second month running to 2.8% from 3.0% in April. This will improve the living standards of the people of Wales.

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