HC Deb 03 November 1994 vol 248 cc1289-90W
Mr. Betts

To ask the Chancellor of the Exchequer what would be the impact on the retail prices index of a(a) 3 per cent., (b) 5 per cent. and (c) 10 per cent. increase in duties on (i) beer and cider, (ii) wine, (iii) spirits, (iv) tobacco, (v) petrol, (vi) diesel and (vii) vehicle excise duty.

Mr. Heatcoat-Amory

[holding answer 2 November 1994]: The table shows the impact on the RPI, excluding mortgage interest payments of various duty increases.

3 per cent. Non-indexed 5 per cent. Non-indexed 10 per cent. Non-indexed
Beer and Cider 0.02 0.04 0.08
Wine 0.02 0.03 0.06
Spirits 0.02 0.03 0.07
Tobacco 0.07 0.12 0.24
Petrol 0.07 0.12 0.23
Diesel 0.01 0.01 0.02
VED 0.02 0.04 0.08