§ Mr. Beaumont-Darkasked the Chancellor of the Exchequer, further to his answer to the hon. Member for Birmingham, Selly Oak on 23 March, Official Report, c. 232–36, if he will give estimates of the typical post-Budget price per gallon of petrol and derv at March 1981 prices, for the dates given in that answer.
§ Mr. Peter Rees[pursuant to his reply, 16 April 1981, c. 221]: The information is as follows:
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Petrol Prices Since 1950 at March 1981 Prices Year and Date of Budget, tax or duty change Post-Budget RPI January '74=100 Typical post-Budget price per gallon at current prices Typical post-Budget price per gallon at March '81 prices (1) p p 1950 18 April* 33.0 15.0 129 1951 10 April* 35.0 17.5 142 1952 11 March* 39.2 21.1 153 1953 14 April 40.6 22.1 155 1954 6 April 41.0 22.3 154 1955 19 April 42.4 22.7 152 1956 17 April 45.5 22.9 143 4 December* 45.9 30.2 187 1957 9 April 46.4 25.6 157 1958 15 April 48.5 23.3 136 1959 7 April 48.6 23.5 137 1960 4 April 48.9 23.5 136 1961 17 April 50.3 23.5 133 26 July* 51.3 24.4 135 1962 9 April 53.1 24.4 131 1963 3 April 54.2 23.8 125 1964 14 April 55.8 23.8 121 11 November* 56.7 26.5 133 1965 6 April 58.4 25.8 125 1966 3 May 60.9 26.0 121 21 July* 61.2 27.9 129 1967 11 April 62.3 26.9 123 1968 19 March* 65.1 29.4 128 22 November* 66.9 31.4 133 1969 15 April 68.7 32.3 134 1970 14 April 72.5 32.7 128 1971 30 March 79.4 34.5 123 1972 21 March 84.4 35.0 118 1973 6 March 90.4 36.5 115 1974 1 April‡ 106.1 55.0 147
Year and Date of Budget, tax or duty change Post-Budget RPI January '74=100 Typical post-Budget price per gallon at current prices Typical post-Budget price per gallon at March '81 prices (1) p p 29 July† 109.8 54.0 140 18 November† 116.9 62.5 152 18 December** 119.9 72.5 172 1975 15 April 134.5 72.5 153 1976 9–12 April*† 153.5 77.0 142 1977 29 March* 180.3 89.5 141 8 August* 184.7 78.0 120 1978 11 April 194.6 80.0 117 1979 12–18 June* † 229.1 110.0 136 1980 26 March* 260.8 132.0 144 1981 10 March* 284.0 152.0 152.0 * Duty change. † change in VAT rate. ‡ VAT introduced 1.4.74. ** abolition of temporary price control. (1) Estimated price of petrol is approximate particularly in the earlier years. 400W
Derv Prices Since 1950 at March 1981 Prices Year and Date of Budget, tax or duty change Post-Budget RPI January '74=100 Typical post-Budget price per gallon at current prices Typical post-Budget price per gallon at March '81 prices (1) p p 1950 18 April* 33.0 13.2 114 1951 10 April* 35.0 15.8 128 1952 11 March* 39.2 19.6 142 1953 14 April 40.6 19.4 136 1954 6 April 41.0 19.9 138 1955 19 April 42.4 20.3 136 1956 17 April 45.5 20.5 128 4 December* 45.9 27.6 171 1957 9 April* 46.4 23.1 141 1958 15 April 48.5 21.6 126 1959 7 April 48.6 22.2 130 1960 4 April 48.9 22.0 128 1961 17 April 50.4 22.0 124 26 July* 51.3 23.2 128 1962 9 April 53.1 23.2 124 1963 3 April 54.2 20.9 110 1964 14 April 55.8 20.9 106 11 November* 56.7 25.7 129 1965 6 April 58.4 25.7 125 1966 3 May 60.9 25.7 120 21 July* 61.2 27.5 128 1967 11 April 62.3 27.4 125 1968 19 March* 65.1 28.2 123 22 November* 66.9 31.9 135 1969 15 April* 68.7 32.6 135 1970 14 April 72.5 32.0 125 1971 30 March 79.4 34.0 122 1972 21 March 84.4 34.5 116 1973 6 March 90.4 37.0 116 1974 1 April‡ 106.1 54.5 146 29 July† 109.8 53.5 138 18 December** 119.9 55.0 130
Year and Date of Budget, tax or duty change Post-Budget RPI January '74=100 Typical post-Budget price per gallon at current prices Typical post-Budget price per gallon at March '81 prices (1) p p 1975 15 April 134.5 54.0 114 1976 9 April* 153.5 67.5 125 1977 29 March* 108.3 83.5 132 1978 11 April 194.6 84.1 123 1979 12–18 June* † 229.1 116.5 144 1980 26 March* 260.8 134.9 147 1981 10 March* 284.0 161.5 161.5 *Duty change. † change in VAT rate. ‡VAT introduced 1.4.74. **Abolition of temporary price control. (1) Estimated price of DERV is approximate particularly in the earlier years.