Manufacturing Industry Costs

Part of Oral Answers to Questions — Prices and Consumer Protection – in the House of Commons at 12:00 am on 11th October 1976.

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Photo of Mr Norman Lamont Mr Norman Lamont , Kingston upon Thames 12:00 am, 11th October 1976

Why will not the Minister give my hon. Friend the Member for Hove (Mr. Sainsbury) the facts for which he asked? Is it not the case that the Economist commodity indicator has risen by nearly 50 per cent. during the last 12 months in sterling terms but in dollar terms by less than 20 per cent., and that this gives a real picture of the lack of confidence in the Government?