Inflation

(asked on 5th January 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to his Oral Statement of 22 November 2023 on the Autumn Statement, column 325, what assessment his Department has made of how much each of the steps he is taking has contributed to the reduction in inflation.


Answered by
Bim Afolami Portrait
Bim Afolami
Economic Secretary (HM Treasury)
This question was answered on 11th January 2024

The independent Office for Budget Responsibility (OBR) is responsible for producing forecasts for the UK economy, including making assessments of the impacts that Government policies have on inflation.

The full EFO can be seen here: Economic and fiscal outlook – November 2023 - Office for Budget Responsibility (obr.uk)

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