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Tax And Price Index

Volume 13: debated on Monday 23 November 1981

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asked the Chancellor of the Exchequer what are the latest figures available for the retail price index and the tax and price index, using as base the date of introduction of the tax and price index; and if he will make a statement.

The tax and price index was introduced with the June 1979 budget. Taking that Budget into account, the TPI increased by 39·0 per cent. between June 1979 and October 1981, and the retail prices index by 38·3 per cent. in that period.