HC Deb 22 July 1960 vol 627 c67W
Mr. de Freitas

asked the Chancellor of the Exchequer whether he is aware that, taking the internal purchasing value of the£ sterling as 20s. in October, 1951, it had declined to 18s. 1d. in June, 1954, and to 15s. 11d. in June, 1957; and what was the comparable figure for June, 1960.

Mr. Barber

Yes, on the basis of the index of retail prices. The comparable figure for June, 1960, is 15s. 2d.