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date	2016-10-19
hansard heading	Inflation: Housing

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Search Results

registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

605622

registered interest

date

19/10/2016

answering body

HM Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

CaTreasury

hansard heading

Inflation: Housing

house id

legislature

25259

	pref label	House of Commons

question text

To ask Mr Chancellor of the Exchequer, if he will make it his policy to reflect house prices in the calculation of inflation.

tabling member constituency

South West Wiltshire

tabling member printed

Dr Andrew Murrison

uin

906805

answer

is ministerial correction

date of answer

25/10/2016

answer text

Inflation statistics are produced independently of government by the Office for National Statistics (ONS). The current main measure of inflation is CPI. This does not include house prices as these are an asset price and in line with international practice are not included in a consumer price index. However, it does include some costs associated with housing, such as rental prices and the costs of renovating and repair and maintenance of homes. The ONS also produces CPIH, which does include housing costs but is currently undergoing development work after the UK Statistics Authority found faults in its production.

answering member constituency

Brighton, Kemptown

answering member printed

Simon Kirby

question first answered

25/10/2016 15:44:27

answering member

3929

	label	Biography information for Simon Kirby

tabling member

1466

	label	Biography information for Dr Andrew Murrison