HC Deb 28 January 1954 vol 522 cc260-1W
56. Mr. H. Hynd

asked the Chancellor of the Exchequer what weight was given to food in the index of consumers' expenditure used for helping to calculate that the value of the £ sterling had fallen to 18s. 10d. since October, 1951; and what weight was given to food in the interim index of retail prices used for calculating that the value of the £ sterling had fallen to 18s. 5d. since October, 1951.

Mr. Maudling

In the general consumer price index food represents about 30 per cent. of the total. In the Interim Index of Retail Prices the figure is about 40 per cent.