Price Restraint

Part of Oral Answers to Questions — Prices and Consumer Protection – in the House of Commons at 12:00 am on 2nd February 1976.

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Mr. Alan Williams:

If my hon. Friend's Question were planted—it would surprise me if it had been—all I can say is that it has yielded a very good crop, unlike last year's potatoes. It is impossible to predict the price index in advance. [HON. MEMBERS: "Ah!"] Clearly hon. Members expect that one should have a crystal ball when one stands at the Dispatch Box.

We cannot precisely anticipate what price changes may take place over the six months of the scheme.