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Personal Incomes And Prices

Volume 498: debated on Thursday 27 March 1952

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asked the Chancellor of the Exchequer the percentage by which personal incomes have increased between 1938 and 1951, after payment of taxes; and the percentage by which prices of consumers' goods and services have risen between 1938 and February, 1952.

It is estimated that the total of personal incomes after payment of direct taxes increased by about 122 per cent. between 1938 and 1951, and that the prices of consumers' goods and services generally increased by 108 per cent. between 1938 and 1951, and by 121 per cent. between 1938 and February, 1952.