DOCUMENT IS THE PROPERTY OF HIS BRITANNIC MAJESTY'S GOVERNMENT) SECRET TO BE KEPT UNDER LOCK AND KEY. L.P. (42) 276 It is requested that special care may be taken to COPY NO. ensure the secrecy of this document. 8TH DECEMBER, 1942. WAR CABINET LORD PRESIDENT'S COMMITTEE OF LIVING INDEX Memorandum by the Chancellor of the Exchequer In accordance with the Government's stabilisation policy the Cost of Living Index has been kept stable since April, 1941, round a figure of 100 with six quotations of 99 and two of 101.