asked the Taoiseach the value of the £1 at 30th September, 1970, as compared with its value at 30th September, 1932, 1948, 1952, 1957 and 1965.
Written Answers. - Value of £1.
89.
It is estimated on the basis of the consumer price index numbers—which are compiled quarterly —that at mid-August, 1970, the latest date for which the index is available, £1 would purchase the same quantum of goods and services at retail prices as would
s |
d |
4 |
1 in August 1932 |
8 |
5 ,, ,, 1948 |
10 |
5 ,, ,, 1952 |
12 |
1 ,, ,, 1957 |
15 |
4 ,, ,, 1965 |