HC Deb 23 March 1961 vol 637 c57W
38. Mr. G. Thomas

asked the Chancellor of the Exchequer whether he will state the purchasing power of the £1 in October, 1945, October, 1951, October, 1955, October, 1960, and at the latest convenient date, taking the £1 of October, 1939, as the basis of comparison.

Mr. Barber

The purchasing power of the £, taken as 20s. in 1939, was 12s. 7d. in 1945, 8s. 11d. in October, 1951, 8s. in October, 1955, 7s. 3d. in October, 1960, and 7s. 2d. in February, 1961. Monthly figures are not available for 1939 and 1945.

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