§ Mr. de Freitas
asked the Chancellor of the Exchequer whether he is aware that, taking the internal purchasing value 81W of the £ sterling as 20s. in October, 1951, it had declined to 18s. 5d. in February, 1954, and to 16s. 1d. in February, 1957; and what was the comparable figure for February, 1960.
§ Mr. Barber
Yes; on the basis of the Index of Retail Prices the comparable figure for February, 1960, was 15s. 3d.