asked the Taoiseach the estimated amount required each year from 1922 to the latest date in 1982 for which figures are available to purchase the same quantity of goods and services at retail prices as a £1 would in 1922.
Written Answers. - Purchasing Value of £1.
432.
The amounts, estimated on the basis of the consumer price index, which would have been required each year from 1922 to May 1982 to purchase the same quantities of goods and services at retail prices as £1 would have purchased in 1922 are given in the following table:
|
Year |
£ |
Year |
£ |
Year |
£ |
|
1922 |
1.00 |
1942 |
1.33 |
1962 |
2.65 |
|
1923 |
0.98 |
1943 |
1.49 |
1963 |
2.72 |
|
1924 |
0.98 |
1944 |
1.57 |
1964 |
2.90 |
|
1925 |
1.01 |
1945 |
1.56 |
1965 |
3.05 |
|
1926 |
0.98 |
1946 |
1.54 |
1966 |
3.14 |
|
1927 |
0.93 |
1947 |
1.63 |
1967 |
3.24 |
|
1928 |
0.92 |
1948 |
1.68 |
1968 |
3.39 |
|
1929 |
0.93 |
1949 |
1.69 |
1969 |
3.64 |
|
1930 |
0.91 |
1950 |
1.71 |
1970 |
3.94 |
|
1931 |
0.85 |
1951 |
1.85 |
1971 |
4.29 |
|
1932 |
0.83 |
1952 |
2.01 |
1972 |
4.66 |
|
1933 |
0.80 |
1953 |
2.11 |
1973 |
5.20 |
|
1934 |
0.81 |
1954 |
2.12 |
1974 |
6.08 |
|
1935 |
0.83 |
1955 |
2.18 |
1975 |
7.35 |
|
1936 |
0.85 |
1956 |
2.27 |
1976 |
8.67 |
|
1937 |
0.90 |
1957 |
2.36 |
1977 |
9.85 |
|
1938 |
0.92 |
1958 |
2.47 |
1978 |
10.60 |
|
1939 |
0.94 |
1959 |
2.47 |
1979 |
12.00 |
|
1940 |
1.09 |
1960 |
2.48 |
1980 |
14.19 |
|
1941 |
1.20 |
1961 |
2.55 |
1981 |
17.09 |
|
1982 |
|||||
|
(mid-May) |
19.99 |