§ Mr. Harold Walkerasked the Chancellor of the Exchequer if he will analyse the percentage increases in money earnings and retail prices, respectively, since December, 1969, so as to show the increases separately for the periods before and after June, 1970.
§ Mr. BryanI have been asked to reply.
Following are the percentage increases:
Monthly Index of Average Earnings (seasonally adjusted):
December, 1969, to June, 1970 6.3 June, 1970, to December, 1970* 7.2 General Index of Retail Prices (not seasonally adjusted):
16th December, 1969, to 16th June, 1970 4.1 16th June, 1970, to 15th December, 1970 3.6 16th June, 1970, to 16th February, 1971 5.6 * Due to the interruption of postal services, the figure for December, 1970, is the latest available. It is also provisional.