§ 92. Mr. Mawbyasked the Chancellor of the Exchequer how much of the increase in the Index of Retail Prices since October 1964 has been due to increases in taxation.
§ Mr. Harold LeverBetween October 1964 and January 1969 the Index of Retail Prices rose by 19.6 per cent., of which I estimate that increases in indirect taxation, including the Selective Employment Tax, accounted for about 6 per cent.