§ 71. Mr. H. Hyndasked the Minister of Labour what effect this week's increases in the prices of milk and beer will have on the cost-of-living index figure.
§ Mr. Iain MacleodIf all other prices remained unaltered, the increase of ½d. a pint in the maximum retail price of milk would raise the Retail Prices Index for 17th July by nearly one-fifth of a point. Prices of beer are not controlled and the extent of recent increases and their effect on the Index will not be known until the usual monthly inquiries are made in mid-July.