Pound Sterling (Value)

HC Deb 11 May 1951 vol 487 c268W

Mr. J. Morrison

asked the Chancellor of the Exchequer if he will provide a table showing, in pence, the fall each month in the value of the pound sterling over the past 18 months.

Mr. J. Edwards

Using the interim index of retail prices as price index, the fall in the value of the pound sterling over the last 18 months is shown in the table below:

June, 1947 = 20s
					s.	d.
1949,	October	…	…	…	17	10
	November	…	…	…	17	10
	December	…	…	…	17	9
1950,	January	…	…	…	17	9
	February	…	…	…	17	8
	March	…	…	…	17	7
	April	…	…	…	17	7
	May	…	…	…	17	6
	June	…	…	…	17	7
	July	…	…	…	17	7
	August	…	…	…	17	8
	September	…	…	…	17	7
	October	…	…	…	17	5
	November	…	…	…	17	4
	December	…	…	…	17	3
1951,	January	…	…	…	17	1
	February	…	…	…	16	11
	March	…	…	…	16	9