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Dáil Éireann debate -
Wednesday, 26 Oct 1955

Vol. 153 No. 1

Ceisteanna—Questions. Oral Answers. - Purchasing Power of £1

asked the Taoiseach if he will state the value at August, 1938, prices, of the quantity of goods which could be purchased retail for £1 on the latest date in 1955 for which statistics are available.

From the official general index numbers it is estimated that £1 at mid-August, 1955, would have purchased retail the same quantum of goods and services as 8/6 at mid-August, 1938.

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