§ 62. Sir C. Osborne
asked the Chancellor of the Exchequer if he is aware that since devaluation internal domestic prices have risen by less than 2 per cent., whereas import prices have risen by 9½ per cent.; how much longer he anticipates this trend will continue; and what steps he is taking to avoid another devaluation.
§ Mr. Roy Jenkins
As imports account for only a small proportion of the goods and services entering into the retail prices index, firs disparity is hardly surprising. On the last and somewhat disparate point, I have nothing to add to my speeches in the House on 17th January and 19th March and 25th March last.—[Vol. 756, cc. 1789–1805; Vol. 761, cc. 251–322; Vol. 761, cc. 1036–1046.]