Retail Prices

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 19th December 1957.

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Photo of Mr Nigel Birch Mr Nigel Birch , Flintshire West 12:00 am, 19th December 1957

If I remember aright, it said it thought that it was premature. Of course, it takes time for falls in import prices to work their way through the system, and home costs are four or five times as important as import costs in the final price of the article.