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Inflation

Asked by Wendy MortonConservativeTreasuryTabled Answered 17 November 2025UIN 89431

The question

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of her policies on levels of inflation.

Answered by Lucy Rigby

HM Treasury does not produce forecasts for the UK economy. Forecasting the economy, including the impact of Government policy decisions, is the responsibility of the independent Office for Budget Responsibility (OBR), which published its latest forecast on 26 March 2025. The Chancellor has asked departments to prioritise reducing inflation when developing policies for the Autumn Budget, ensuring decisions support stability and long-term growth.

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