HC Deb 24 May 1984 vol 60 c527W
Mr. Park

asked the Secretary of State for Trade and Industry if he will create and maintain a manufacturing cost index.

Mr. Kenneth Baker

Monthly index numbers for manufacturing industry are published for prices of materials and fuels purchased and wages and salaries per unit of output. These relate to the two major elements of manufacturers' costs. The creation of a soundly based comprehensive index would be difficult and would involve expense for Government and industry.