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Dáil Éireann debate -
Wednesday, 23 Mar 1960

Vol. 180 No. 7

Ceisteanna—Questions. Oral Answers. - Purchasing Power of Pound.

5.

Mr. Brady

asked the Taoiseach if he will state the present purchasing power of the pound compared with 1947.

It is estimated on the basis of the Retail Price Index Numbers that at mid-February, 1960 (the latest date in respect of which the index has been computed) £1 would have purchased the same quantum of goods and services at retail prices as would 13s. 4½d. in the year 1947.

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