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Food Prices

Volume 927: debated on Wednesday 2 March 1977

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asked the Secretary of State for Prices and Consumer Protection what is the time lag between an increase in the landed price of imported foodstuffs, as recorded in the monthly trade returns; and whether he will publish in the Official Report a table showing for each month since January 1975, (a) the percentage increase in the wholesale price of foodstuffs on the previous month and the percentage increase in import prices in the month in which he assumes such foodstuffs would have been imported, and (b) the percentage increase in the retail price of foodstuffs and the percentage increase in import prices in the month in which he assumes such foodstuffs would have been imported.

Time lags can vary according to the point of entry in the manufacturing and distribution chain and from product to product. I regret that, on the information available, the comparisons requested cannot be made in a meaningful way.