HC Deb 18 July 1950 vol 477 cc152-3W
Mr. Osborne

asked the Chancellor of the Exchequer what have been the sterling price increases since devaluation of oil, rubber, tin, lead and wool and what were the dollar sales of these commodities in the last quarter.

Sir S. Cripps

The exact increase of price varies according to the type of commodity and the quality. This applies especially to oil and wool, owing to the very wide range of products and large variety of prices. The approximate increases in sterling prices since the middle of September last year have been as follow: Rubber 170 per cent; tin 24.5 per cent.; lead 9 per cent.; wool 55–75 per cent.; oil and petroleum products 45–50 per cent. I cannot give figures of dollar sales of these commodities in the last quarter.