HC Deb 26 June 1956 vol 555 cc22-3W
40. Mr. Gower

asked the Minister of Labour what have been the respective percentage increases in the indices of wages and prices, calculated on the new basis since January, 1955, to the latest convenient date.

Mr. Iain Macleod

The new Index of Retail Prices was not in operation before January, 1956, but it can be linked with the Interim Index which was then in use. When this is done the Index shows a rise between January, 1955, and May, 1956, of 8 per cent. In the same period the Index of Rates of Wages has risen by 12 per cent.

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