HC Deb 28 April 1952 vol 499 c56W
Mr. J. Morrison

asked the Minister of Food his estimate of the percentage rise in food prices caused by devaluation of the pound.

Major Lloyd George

No estimate can be made, partly because the effects of devaluation were not felt for some time afterwards, and partly because the price rises due to devaluation cannot be isolated from other causes, such as the Korean war.