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Retail Price Index

Volume 974: debated on Monday 19 November 1979

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asked the Chancellor of the Exchequer whether, pursuant to the reply given by his right hon. Friend, the Chief Secretary, Official Report, 8 November 1979, column 606, that the retail price index in 1980 will rise by about 1 per cent. as a result of the recent public expenditure White Paper, he will set out the expected percentage increases in (a) rents, (b) rates, and (c) nationalised industry prices.

[pursuant to his reply, 15 November 1979]: It is not possible to give a breakdown as the increase in the RPI will depend on decisions to be taken by individual local authorities and nationalised industries. The figure of about 1 per cent. is therefore general and provisional.