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Dáil Éireann debate -
Wednesday, 26 Jan 1966

Vol. 220 No. 2

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

3.

asked the Taoiseach the present purchasing power of the pound taking 1947 as the base year.

It is estimated on the basis of the retail price index numbers that, at mid-November, 1965, the latest date for which the index number has been calculated, £1 would purchase the same quantum of goods and services at retail prices as would 10s. 8d. in the year 1947.

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