§ 24. Mr. Farrasked the Secretary of State for Employment by how much the indices of average weekly earnings and of retail prices, respectively, have risen during the last six months and how this compares with the same period a year ago.
§ Mr. Maurice MacmillanBetween July, 1971, and January, 1972, the Index of Average Earnings, seasonally adjusted, rose by 4.1 per cent. and the General Index of Retail Prices rose by 2.4 per cent. The corresponding percentage increases between July, 1970, and January, 1971, were 7.0 and 4.3, respectively. The increase in earnings exceeded that in prices by approximately the same amount in each of these years.
There is no figure for the index of average earnings for February because of the miners' strike.