Pharmacy
(asked on 1st December 2022) - View Source
Question to the Department of Health and Social Care:
To ask the Secretary of State for Health and Social Care, if his Department will make an assessment of the impact of inflation on community pharmacies.
The following table shows real terms and nominal funding provided through the Community Pharmacy Contractual Framework, accounting for inflation, in each year since 2015/16.
The Community Pharmacy Contractual Framework 2019-24 commits £2.592 billion per year to community pharmacy. In addition, the agreement with the Pharmaceutical Services Negotiating Committee for 2022/23 and 2023/24, announced on 22 September 2022, provides a non-recurrent additional investment of £100 million in these years. Community pharmacies also received funding for the provision of other services, including flu and COVID-19 vaccinations and services commissioned locally by NHS England and local authorities.
| Nominal funding | November 2022 Gross Domestic Product deflator | Real terms funding |
2015/16 | £2.8 billion | 100.0 | £2.8 billion |
2016/17 | £2.687 billion | 102.1 | £2.633 billion |
2017/18 | £2.592 billion | 103.8 | £2.498 billion |
2018/19 | £2.592 billion | 105.6 | £2.454 billion |
2019/20 | £2.592 billion | 108.4 | £2.392 billion |
2020/21 | £2.592 billion | 115.3 | £2.248 billion |
2021/22 | £2.592 billion | 114.8 | £2.259 billion |
2022/23 | £2.592 billion | 120.3 | £2.154 billion |