asked the Taoiseach the value of the Irish pound in 1976 in comparison with its value in each subsequent year.
Ceisteanna—Questions. Oral Answers. - Value of IR£.
3.
The domestic purchasing value of the £ is estimated on the basis of the consumer price index.
With the permission of the Ceann Comhairle, I propose to circulate in the Official Report a statement giving the amounts which would have been required each year since 1976 to purchase the same quantum of goods and services at retail prices as £1 would have purchased in 1976.
Following is the statement:
Cost of Purchasing the Samequantum of Goods and Services at Retail Prices.
|
Year |
£ |
|
1976 |
1.00 |
|
1977 |
1.14 |
|
1978 |
1.22 |
|
1979 |
1.38 |
|
1980 |
1.64 |
What is the comparative figure for this year?
The cost of purchasing the same quantity of goods and services at retail prices is £1.64.
The poor old boat is jet-propelled now.
Ceist 4.
The Minister of State is getting away lightly.
I am speaking the truth all the time.
Oh, there is a threat.