On 16 May 1991, Lamont stated in parliament that "Rising unemployment and the recession have been the price that we have had to pay to get inflation down. That price is well worth paying." The remark is regularly, but not always approvingly, recalled by commentators and other politicians. Seven months before Lamont made the statement, inflation (as measured by the annual change in the Retail Price Index) reached 10.9%. In May 1991, inflation fell to 6.4%. A year after the Major government was reelected in the 1992 general election, winning the most votes of any political party in British electoral history, inflation fell to 4.3%, falling to 1.3% a year later. However the economy continued to contract until the third quarter of 1991. After economic growth resumed, the economy grew rapidly and by the third quarter of 1993, GDP was greater than the pre-recession peak in the second quarter of 1990.