§ Mr. Bevins
asked the Chancellor of the Exchequer the percentage by which personal incomes had increased between 1933 and 1949 after the payment of taxes; and the percentage by which prices have risen between 1938 and February, 1950.
§ Sir S. Cripps
Personal disposable income (i.e., personal income after provision for taxes on income and National Insurance contributions) was in 1949 95 per cent. higher than in 1938. The corresponding rise since 1933 is not known. Prices of consumers' goods and services were in February, 1950, on the average about 90 per cent. higher than in 1938.