§ 48. Mr. A. Lewisasked the Minister of Labour whether he will revise his table of figures giving the rise in earnings since 1951 of workers employed in the 20 major industries, using as the basis the actual fall in the £ sterling since that date in place of the Index of Retail Prices.
§ Mr. GreenNo. The fall in the purchasing power of the £ sterling is not 147W ascertained independently but by reference to the level of prices. In this context the appropriate measure is the Index of Retail Prices.