(South Tipperary) asked the Taoiseach the value of the £ in 1940, 1950 and 1960, taking 1930 as the base.
Ceisteanna—Questions. Oral Answers. - Value of Pound.
5.
I propose, with the permission of the Ceann Comhairle, to circulate in the Official Report a statement showing the estimated amount required in the year 1930 to purchase the same quantum of goods and services at retail prices as would £1 in the years specified. The estimates are based on the retail price index numbers.
Following is the statement:
ESTIMATED amount required in 1930 to purchase the same quantum of goods and services at retail prices as would £1 in the years specified.
|
£1 in the years specified |
Amount required in 1930 |
|
|
s. |
d. |
|
|
1930 |
20 |
0 |
|
1940 |
16 |
8 |
|
1950 |
10 |
7 |
|
1960 |
7 |
4 |