§ Mr. de Freitasasked 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. 8d. in October, 1952 and to 16s. 4d. in October, 1956; and what was the comparable figure for October, 1960.
§ Mr. BarberYes, on the basis of the retail price index. The comparable figure for October, 1960, is 15s. 1d.
§ Mr. Mulleyasked the Chancellor of the Exchequer if he will state the approximate purchasing power in September, 1951, and September, 1960, of the £ sterling as at September, 1946.
§ Mr. Barber14s. 8d. and 12s. respectively.