asked the Taoiseach how much the £1 was worth in 1948, 1956 and in 1966 in terms of the present pound.
Ceisteanna—Questions. Oral Answers. - Value of Pound.
1.
With your permission, Sir, I propose to circulate in the Official Report a statement giving the estimated amounts which would be required at mid-August, 1967, to purchase the same quantum of goods and services at retail prices as would £1 in the years specified.
Would it be too much trouble, in view of the fact that there are only three figures, to give the three figures?
Following is the statement:—
ESTIMATED amounts which would be required at mid-August, 1967 to purchase the same quantum of goods and services at retail prices as would £1 in the years specified. The estimates are based on the retail price index numbers.
|
Period |
Estimated amount required at mid-August, 1967 |
||
|
£ |
s. |
d. |
|
|
£1 in the year 1948 |
1 |
18 |
8 |
|
,, ,, ,, ,,1956 |
1 |
8 |
9 |
|
,, ,, ,, ,,1966 |
1 |
0 |
9 |
|
,, at mid-August, |
|||
|
1967 |
1 |
0 |
0 |
Thank you, very much.