asked the Taoiseach if he will state the sum of money that would be required to purchase at mid-November, 1952, the same quantity of essential goods as could be purchased for £1 in mid-February, 1939, calculating prices in both cases by the official cost-of-living index figure.
Ceisteanna — Questions. Oral Answers. - Purchasing Value of the £.
It is estimated that the same quantum of essential goods and services (including rent)could be purchased at retail for £2 5s. 1d. in mid-November, 1952, as for £1 in mid-February, 1939.