HC Deb 23 October 1961 vol 646 c28W
Mr. de Freitas

asked the Chancellor of the Exchequer whether he is aware that taking the internal purchasing power of the £ Sterling as 20s. in October, 1951, it had declined to 18s. in September, 1954, and to 15s. 10d. in September, 1957; and what was the comparable figure for September, 1961.

Sir E. Boyle

Yes, on the basis of the retail price index. The comparable figure for September, 1961, was 14s. 6d.