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Dáil Éireann díospóireacht -
Wednesday, 28 Oct 1970

Vol. 249 No. 1

Ceisteanna — Questions. Oral Answers. - Value of £1.

22.

asked the Taoiseach the value of the £1 at 30th September, 1970, as compared with (a) 30th September, 1957, and (b) 30th September, 1965.

It is estimated on the basis of the consumer price index numbers that £1 at mid-August, 1970, would purchase the same quantum of goods and services at retail prices as (a) 12s. 1d. at mid-August, 1957, and (b) 15s. 4d. at mid-August, 1965. The consumer price index numbers are calculated in respect of mid-February, mid-May, mid-August and mid-November each year.

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