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Mr. Hayhoe
asked the Secretary of State for Employment whether he will
| AVERAGE HOURLY EARNINGS, AVERAGE RETAIL PRICES AND MINUTES OF WORK REQUIRED TO EARN THE PRICES OF SPECIFIED ITEMS | ||||
| October 1971 | October 1972 | October 1973 | October 1974 | |
| Average gross hourly earnings of manual men in October | 69·19p | 79·60p | 89·74p | 107·83p |
| Average retail prices in October of:— | ||||
| White bread 1¾ lb. loaf | 9·5p | 10·4p | 11·3p | 13·9p |
| 1 pint of milk | 5·5p | 5·5p | 5·5p | 4·5p |
| 1 dozen standard eggs | 18·9p | 19·3p | 41·9p | 37·7p |
| The cheapest British saloon car | £641 | £661 | £730 | £980 |
| Weekly rent of an unfurnished dwelling (including rates)* | £3·05 | £3·56 | £3·70 | £4·36 |
| Monthly repayment of a mortgage on a new house*† | £31·57 | £46·34 | £69·18 | £71·39 |
| Minutes of work required to earn the prices in October of:— | ||||
| White bread 1¾ lb. loaf | 8·2 | 7·8 | 7·6 | 7·7 |
| 1 pint of milk | 4·8 | 4·1 | 3·7 | 2·5 |
| 1 dozen standard eggs | 16·4 | 14·5 | 28·0 | 21·0 |
| The cheapest British saloon car | 55,600 | 49,800 | 48,800 | 54,500 |
| Weekly rent of an unfurnished dwelling (including rates)* | 265 | 268 | 247 | 242 |
| Weekly repayment of a mortgage on a new house*† | 619 | 788 | 1,045 | 896 |
| * Based on figures for the last quarter of the year. | ||||
| † Mortgage repayments are calculated after tax relief at the standard rate and are based on an advance equal to 90 per cent. of the average price of new houses mortgaged in the quarter. | ||||