§ 93. Mr. Small
asked the Minister of Agriculture, Fisheries and Food if he will give the reasons for the increase in the prices of butter, margarine, lard, and cooking fat of about 2s. 6d. in the £ since January, 1962; and what was the increase in the same sub-group expressed in the same way, between January, 1952, and January, 1962.
§ Mr. Scott-Hopkins
The increase was largely due to a rise in the price of imported butter, which was very low in January 1962; for example, the wholesale price of New Zealand butter was 285s. per cwt. in that month, compared with 335s. in April 1964 and 410s. in January, 1960.
The comparable increase between January, 1952, and January, 1962, was about 4s. 3d, in the £.