§ 31. Mr. Burdenasked the Secretary of State for Prices and Consumer Protection what effect, in terms of percentages, the recent increase in the price of oil and its derivatives is likely to have on inflation.
§ Mrs. Shirley WilliamsIt is expected that the 10 per cent. rise in the dollar price of crude oil, effective from 1st October, will eventually have an overall effect of approximately ½ per cent. on the RPI.