asked the Taoiseach if he will state the value of the £ in terms of retail prices taking August, 1938, as the base on the following dates (or the nearest convenient dates), February, 1948; August, 1949; May, 1951, and October, 1951.
Ceisteanna—Questions. Oral Answers. - Value of the Pound.
It is estimated that the £ on each of the following dates (a) mid-February, 1948, (b) mid-August, 1949, (c) mid-May, 1951, and (d) mid-August, 1951, would purchase the same quantum of essential goods (including rent) at retail prices as the following sums at mid-August, 1938: (a) 10/11, (b) 10/10, (c) 9/11, (d) 9/9.