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1698300
registered interest false more like this
date less than 2024-03-25more like thismore than 2024-03-25
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Consumer Prices Index more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government what assessment they have made of the factors contributing to the recent decline in consumer prices inflation. more like this
tabling member printed
Lord Taylor of Warwick remove filter
uin HL3604 more like this
answer
answer
is ministerial correction false remove filter
date of answer less than 2024-04-08more like thismore than 2024-04-08
answer text <p>The Monetary Policy Committee (MPC) has raised interest rates, which is helping to bring inflation down and return to the 2% target sustainably. The Government's responsible approach to borrowing has helped support the MPC as it brings inflation down.</p><p>The Office for Budget Responsibility expects CPI inflation to fall to the 2% target in the second quarter of 2024, a year earlier than they expected in November.</p> more like this
answering member printed Baroness Vere of Norbiton more like this
question first answered
less than 2024-04-08T14:00:51.617Zmore like thismore than 2024-04-08T14:00:51.617Z
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this