DISARRAY IN UK OFFICIAL INFLATION FIGURES

Early day motion 1665, tabled 15 June 2009 by John Hemming (Liberal Democrat). Signed by 12 members.

That this House notes the two official measures of inflation, the Retail Prices Index and Consumer Prices Index, and the disparity in figures between the two measures; further notes that in April 2009 one measure indicated inflation and the other indicated deflation in the British economy; further notes the confusion this caused in the broadcast media, causing the BBC to report inflation while ITN and Sky reported deflation; and believes that an urgent review of these measures of inflation should be undertaken so that a more coherent inflation index is introduced.

Signatures by party: Liberal Democrat 7, Labour 3, Conservative 1, DUP 1.