asked the Taoiseach if he will state the purchasing value of the £ on the basis of the present machinery for ascertaining changes in the cost of living, in the month of May for each of the years 1940 to 1953, inclusive, taking the value at May, 1939, as the base.
Ceisteanna—Questions. Oral Answers. - Purchasing Value of the £.
I propose, with the permission of the Ceann Comhairle, to circulate in the Official Report a statement giving the desired information.
Following is the statement:—
Amount of money in May, 1939, which would be needed to purchase the same quantum of goods at retail prices (including rent) as £1 in May of each of the years 1940—1953 inclusive.
|
Date |
Amount |
|
|
s. |
d. |
|
|
1940 |
16 |
10 |
|
1941 |
15 |
8 |
|
1942 |
14 |
4 |
|
1943 |
12 |
6 |
|
1944 |
11 |
9 |
|
1945 |
11 |
9 |
|
1946 |
12 |
0 |
|
1947 |
11 |
3 |
|
1948 |
10 |
9 |
|
1949 |
10 |
11 |
|
1950 |
10 |
7 |
|
1951 |
9 |
11 |
|
1952 |
9 |
5 |
|
1953 |
8 |
7 |