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Price Commission Index

Volume 891: debated on Monday 28 April 1975

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19.

asked the Secretary of State for Prices and Consumer Protection what has been the increase in the Price Commission Index since November 1974.

The index for the period since November 1974 will not be available until the Price Commission's report covering 1st December 1974 to 28th February 1975 is published tomorrow.

As the Price Commission's last report confirmed that one man's pay rise is another man's price rise, and as wage rises over the past 12 months have averaged more than 30 per cent., how could the hon. Gentleman's right hon. Friend claim only six months ago, at the time of the election, that there was no evidence whatever of price increases stored up in the pipeline?

I think that the hon. Gentleman's supplementary question relates to a report not yet forthcoming. Therefore, it does not arise.