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Cost Of Living (Oecd States)

Volume 886: debated on Monday 10 February 1975

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asked the Secretary of State for Employment what was the average annual percentage growth in the cost of living in each of the member States of the Organisation for Economic Co-operation and Development during the periods 1948 to 1958 and 1958 to 1973, respectively.

The information available is given in the following table:

AVERAGE ANNUAL PERCENTAGE INCREASE IN CONSUMER PRICE INDICES
1948–19581958–1973
Canada2·53·0
United States1·82·9
Japan5·75·6
Australia7·53·4
Austria8·63·8
Belgium1·33·2
Denmark3·95·6
Finland7·24·3
France7·33·4
Germany, Federal Republic of1·73·1
Greece7·63·0
Iceland9·010·6
Ireland4·05·1
Italy2·84·2
Luxembourg2·62·8
Netherlands4·14·7
Norway4·84·5
Portugal0·95·6
Spain5·96·5
Sweden4·44·3
Switzerland1·15·7
Turkey6·87·2
United Kingdom4·44·5
YugoslaviaNot available12·2

Sources: ILO Year Book of Labour Statistics 1956,1959 and 1974.