Manufactured Goods (Price Inflation)

HC Deb 14 January 1977 vol 923 cc629-30W

Mr. Michael Marshall

asked the Secretary of State for Industry what was the average rate of inflation of the prices of manufactured goods during 1976; and what were the equivalent figures for each of the years 1970 to 1975.

Mr. Les Huckfield

The information is as follows:

Wholesale price Index* for Manufactured Goods (Home Sales)
Year					per cent. increase during year
1970	…	…	…	…	9½
1971	…	…	…	…	6½
1972	…	…	…	…	6¾
1973	…	…	…	…	10¼
1974	…	…	…	…	28¼
1975	…	…	…	…	20¼
1976	…	…	…	…	17¾
* Exclusive of VAT and (before its abolition) of purchase tax.