§ 28. Sir G. Fox
asked the Minister of Labour how the present cost-of-living index figure compares with the highest and lowest figures for 1919; and whether, owing to the high prices of many articles, he is satisfied that this index still works fairly.
§ Mr. Isaacs
The highest and lowest figures in 1919 comparable with that of 204 for 1st March, 1946, were 225 in November and December and 205 in May and June. As the hon. Member is no doubt aware, I have accepted the recommendations of the Cost of Living Advisory Committee to terminate the present index and to introduce an interim index as a temporary measure pending further examination and study.