Mr. Gresham Cooke
asked the Minister of Labour by what amount the Retail Price Index has been reduced by the reduction of the fuel tax by 1s.
§ Mr. Iain Macleod
Nearly one fifth of a point. This is the direct effect taken into account in the April index, and is almost entirely in respect of private motoring. Most of the reductions in road passenger transport fares resulting from the Hydrocarbon Oil Duties (End of Temporary Increase) Order, 1957, did not operate until after the date to which the April index relates