(South Tipperary) asked the Taoiseach the present value of the pound from base year 1960, giving comparative figures for intervening years.
Ceisteanna—Questions. Oral Answers. - Value of Pound.
1.
With your permission, Sir, I propose to circulate in the Official Report a statement giving the required information.
Following is the statement:
ESTIMATED amount required in 1960 to purchase the same quantum of goods and services at retail prices as would £1 in the periods specified.
|
£1 in the periods specified |
Amount required In 1960 |
|
|
s. |
d. |
|
|
Year 1960 |
20 |
0 |
|
,, 1961 |
19 |
5 |
|
,, 1962 |
18 |
8 |
|
,, 1963 |
18 |
2 |
|
,, 1964 |
17 |
1 |
|
,, 1965 |
16 |
3 |
|
Mid-Feb., 1966 |
16 |
2 |