HC Deb 15 February 1954 vol 523 cc181-2W
50. Mr. Adams

asked the Chancellor of the Exchequer the purchasing power of £100 today compared with 1946.

Mr. Boyd-Carpenter

Taking the year 1946 as 100, the purchasing power of the £ is estimated to have been about 69 in December, 1953. This estimate is based on the consumer price index calculated for national income purposes between 1946 and 1952 and the Interim Index of Retail Prices thereafter.