17.5. The Retail Prices Index did not necessarily move in Step with the Wholesale Prices

It is probable that the retail prices improved during the period as a proportion of the wholesale prices, as the effective margins of the wholesalers were reduced, from the lesser use of chandlers’ shops, from the prohibition of “truck” and “tommy shops” and the introduction of workers’ cooperatives.

There is however no clear arithmetical evidence of this from the family budgets.

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