§ 44. Mr. Kinseyasked the Secretary of State for Employment what effect he estimates the Confederation of British Industry initiative has had on the level of prices.
§ Mr. BryanI regret that it is not possible to measure the effect on retail prices of the C.B.I. initiative, but it is encouraging that the rate of increase in the Retail Price Index has slowed down considerably since July. The rise in the Index between 20th July and 19th October was 0.8 per cent.