§ 70. Mr. D. Jonesasked the Minister of Labour by what percentage it is estimated the cost-of-living index would rise if railway passenger fares were raised by 5 per cent. and 10 per cent.
§ Mr. CarrIncreases of 5 per cent. and 10 per cent. in railway passenger fares, including London Transport railway fares, would cause the Index of Retail Prices to rise by nearly one twentieth and nearly one tenth of 1 per cent., respectively. This is the direct effect only; no estimate can be made of the indirect effects.