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Dáil Éireann díospóireacht -
Thursday, 8 Feb 1990

Vol. 395 No. 5

Ceisteanna—Questions. Oral Answers. - Value of Irish Pound.

Patrick D. Harte

Ceist:

15 Mr. Harte asked the Minister for Finance the value of the Irish pound in (a) 1959 (b) 1969 (c) 1979 (d) each year from 1979 to date using 1959 as the base value year.

The information sought by the Deputy is contained in a tabular statement which I propose to circulate in the Official Report.

Value (Purchasing power) of the Irish Pound.

Estimated amounts required to purchase at retail prices the same quantity of goods and services as £1, or 100 pence, in 1959. (i.e. base year 1959=100 pence).

Year

Annual Average*

1959

100

1969

148

1979

488

1980

577

1981

695

1982

814

1983

899

1984

977

1985

1,030

1986

1,069

1987

1,102

1988

1,126

1989

1,169

* Based on the linked Consumer Price Index Series.

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