asked the Minister for Posts and Telegraphs if he will state the net accretions to the three savings systems for each of the years 1956 to 1965, inclusive; and whether, using these figures, he will provide a savings index to base 1947=100, making an adjustment based on the purchasing power of the pound for the same successive periods.
Ceisteanna—Questions. Oral Answers. - Savings Accretions.
52.
The reply is in the form of a tabular statement which, with your permission, a Cheann Comhairle, I propose to have circulated with the Official Report.
Following is the statement:—
NET Accretions to (A) The Post Office Savings Bank (B) The Trustee Savings Banks an (C) Savings Certificates from 1956 to 1965
|
(A) |
(B) |
(C) |
||||
|
Year |
Post Office Savings Bank |
Trustee Savings Banks |
Savings Certificates |
|||
|
£ |
Savings Index |
£ |
Savings Index |
£ |
Savings Index |
|
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
|
1956 |
601,453 |
350 |
141,849 |
211 |
1,213,167 |
4,237 |
|
1957 |
636,223 |
350 |
66,861 |
133 |
581,097 |
1,946 |
|
1958 |
825,754 |
416 |
476,698 |
490 |
80,756 |
259 |
|
1959 |
1,861,473 |
852 |
866,268 |
834 |
792,850 |
2,545 |
|
1960 |
2,125,929 |
960 |
779,855 |
755 |
906,321 |
2,899 |
|
1961 |
2,611,401 |
1,130 |
751,414 |
709 |
1,034,239 |
3,215 |
|
1962 |
3,448,192 |
1,413 |
985,875 |
873 |
798,211 |
2,382 |
|
1963 |
2,294,393 |
937 |
310,415 |
311 |
1,518,107 |
4,418 |
|
1964 |
2,990,198 |
1,129 |
337,300 |
312 |
2,738,167 |
7,479 |
|
1965 |
–178,412 |
–196 |
–27,492 |
–63 |
1,057,007 |
2,747 |
NOTE:—In arriving at the figures in columns 3, 5 and 7 the average consumer Price Index (All Items) for the period has been used.