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Nationalised Industry Prices

Volume 886: debated on Monday 10 February 1975

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asked the Chancellor of the Exchequer what is the best estimate that can be made of the effect of price increases in the nationalised industries on the retail price index in the past 12 months.

In the 12 months to December, the prices of goods and services mainly produced by the nationalised industries rose by 19·3 per cent. while the retail prices index rose by 19·1 per cent. Their contribution was 1·6 per cent. out of that 19·1 per cent. rise.