Written question asked by Stephen Hammond (Conservative) on Wednesday, 11 June 2008, in the House of Commons. It was due for an answer on Friday, 13 June 2008. It was answered by Yvette Cooper (Labour) on Tuesday, 28 October 2008 on behalf of the Treasury.
Inflation
- Question
- To ask the Chancellor of the Exchequer what research his Department has undertaken recently into the effect of incomes restraint on inflation.
- Answer
-
The Government regularly monitor developments in public and private sector pay and inflation. Wage pressures are one of the factors considered by the Monetary Policy Committee of the Bank of England when setting interest rates to meet the inflation target.The Bank of England considers pay restraint across the economy to be key to maintaining low and stable inflation.
Secondary information
- Type
- Written question
- Reference
- 481 c886W; 211403
- Session
- 2007-08
- Subjects
- Inflation
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2013-11-25 20:06:30 +0000
- URI
- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1332713
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1332713
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1332713