HC Deb 01 July 1997 vol 297 c109W
Mr. Luff

To ask the Chancellor of the Exchequer what estimate his Department has made of the elasticity of demand for(a) unleaded petrol, (b) cigarettes, and (c) beer. [3545]

Dawn Primarolo

The estimated own price elasticities, based on a computer model produced by the Institute of Fiscal Studies, are -0.272, -0.201, and -0.963 for petrol, tobacco and beer respectively.