Enda Kenny
Ceist:248 Mr. Kenny asked the Minister for Finance the purchasing power of one Irish punt in respect of each year since 1980; and if he will make a statement on the matter. [23426/98]
Written Answers - Price Inflation.
The information requested by the Deputy relating to the purchasing power of one Irish pound since 1980 is set out in the following table.
|
Period |
Annual Average |
|
1980 |
39.5 |
|
1981 |
47.6 |
|
1982 |
55.7 |
|
1983 |
61.6 |
|
1984 |
66.9 |
|
1985 |
70.5 |
|
1986 |
73.2 |
|
1987 |
75.5 |
|
1988 |
77.1 |
|
1989 |
80.2 |
|
1990 |
82.9 |
|
1991 |
85.6 |
|
1992 |
88.2 |
|
1993 |
89.5 |
|
1994 |
91.6 |
|
1995 |
93.9 |
|
1996 |
95.5 |
|
1997 |
96.8 |
The figures show what it would cost on average each year to buy what £1 would buy in September 1998. For example, it would have cost 39.5 pence in 1980 to purchase what £1 would purchase in September 1998.