§ 53. Mr. Assheton
asked the Minister of Labour by how many points the cost-of living index would rise if the present food subsidies were withdrawn.
§ Mr. Isaacs
If all the food subsidies had been removed, and if retail prices had risen by amounts equivalent to the subsidies, it is estimated that the index for 149W 1st November would have shown a rise of about 55 instead of 31 per cent. since September, 1939.