asked the Taoiseach if he will state the purchasing power of the pound sterling as at mid-November in each year from 1938 to 1957, inclusive, and at mid-February, 1958, in terms of the purchasing power of the pound at (a) July, 1914 and (b) mid-November, 1938.
Written Answers. - Purchasing Power of Pound Sterling.
The following table gives the information required:—
TABLE showing the estimated cost at (a) July, 1914 retail prices and (b) mid-November, 1938 retail prices of the goods and services which could be bought for £1 at mid-November each year.
|
Year |
Estimated cost at average retail prices in |
|||
|
July, 1914 |
mid-November, 1938 |
|||
|
s. |
d. |
s. |
d. |
|
|
1938 |
11 |
4 |
20 |
0 |
|
1939 |
10 |
5 |
18 |
4 |
|
1940 |
9 |
4 |
16 |
5 |
|
1941 |
8 |
5 |
14 |
10 |
|
1942 |
7 |
4 |
12 |
11 |
|
1943 |
6 |
10 |
12 |
0 |
|
1944 |
6 |
9 |
11 |
11 |
|
1945 |
6 |
9 |
11 |
10 |
|
1946 |
6 |
10 |
12 |
0 |
|
1947 |
6 |
6 |
11 |
5 |
|
1948 |
6 |
4 |
11 |
2 |
|
1949 |
6 |
3 |
11 |
0 |
|
1950 |
6 |
2 |
10 |
10 |
|
1951 |
5 |
7 |
9 |
9 |
|
1952 |
5 |
1 |
9 |
0 |
|
1953 |
5 |
0 |
8 |
10 |
|
1954 |
5 |
0 |
8 |
9 |
|
1955 |
4 |
9 |
8 |
5 |
|
1956 |
4 |
8 |
8 |
3 |
|
1957 |
4 |
5 |
7 |
9 |
|
1958* |
4 |
4 |
7 |
8 |
* mid-February.