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United Kingdom · Question · Written question

UIN 51773

Standard of Living

answeredUnited Kingdom· UK Parliament· EN

Introduced

20 September 2021

Last action

23 September 2021 · Answer

Status

Answered

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Discovery layer

Source updated

23 September 2021

Summary

To ask the Chancellor of the Exchequer, what assessment he has made of the impact of the increase in inflation to 3.2 per cent on living standards.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 20 September 2021

    Written question

    To ask the Chancellor of the Exchequer, what assessment he has made of the impact of the increase in inflation to 3.2 per cent on living standards.

    Source: Commons

  2. 23 September 2021

    Answer

    CPI inflation in August was 3.2% having risen from low levels last year. The Bank of England expects the increase in inflation to be temporary, with inflation returning to its 2% target level through 2022 and 2023. Since the operationally independent Bank...

    Source: Written answer

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