HC Deb 17 February 1988 vol 127 cc676-7W
Mr. Ralph Howell

To ask the Minister of Agriculture, Fisheries and Food what was the retail price of butter for each year since 1970, in actual prices and in constant prices, and also showing 1970 as 100.

Mr. Donald Thompson

The table below provides the information requested:

Average Retail Price of Butter1
Current p/500 gm. Constant2 p/500 gm. Constant2 p/500 gm. (1970 = 100)
1970 18.9 18.9 100
1971 26.2 23.9 126
1972 29.3 25.0 132
1973 25.6 20.0 106
1974 26.5 178 94
1975 34.9 18.9 100
1976 48.3 22.5 119
1977 58.7 23.6 125
1978 66.1 24.5 130
1979 78.4 25.6 135
1980 85.5 23.7 125
1981 92.4 22.9 121
1982 99.4 22.7 120
1983 99 1 21.6 114
1984 100.5 20.9 111
1985 102.8 20.1 106
1986 104.0 19.7 104
1987 103.0 18.7 99

1 Home-produced except for 1970–72 when no quotas were available and the price of New Zealand butter is used.
2 Deflated by all items Retail Prices Index.

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