§ Mr. Maurice Macmillan
Between July, 1971, and January, 1972, the Index of Average Earnings, seasonally adjusted, rose by 4.1 per cent. and the General Index of Retail Prices rose by 2.4 per cent. The corresponding percentage increases between July, 1970, and January, 1971, were 7.0 and 4.3, respectively. The increase in earnings exceeded that in prices by approximately the same amount in each of these years.
There is no figure for the index of average earnings for February because of the miners' strike.