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Cost Of Living Index

Volume 498: debated on Thursday 3 April 1952

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77.

asked the Minister of Labour whether he will give instructions that, in addition to the price index, there be prepared an index of the cost of subsistence.

No. I have accepted the views of the Cost of Living Advisory Committee, set out in their Interim Report of 26th June, 1951, to the effect that there would be serious objections to the publication monthly of two or more official indices of retail prices covering different social, economic or regional groups of the community. In any case there would be many different views on what constitutes "subsistence".