Skip to main content

Food Subsidies

Volume 892: debated on Thursday 22 May 1975

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Secretary of State for Prices and Consumer Protection what is her estimate of the effect which each of the food subsidies has had on the food section of the retail price index; and what effect their abolition will have on the total index.

The present savings in the Food Index as a result of the food subsidies are estimated as follows:

Points
Bread1·1
Butter1·0
Cheese0·6
Household flour0·1
Milk2·9
Tea0·3
It is estimated that the abolition of food subsidies would lead to a rise of 1·4 points in the General Index of Retail Prices.