§ Mr. Collick
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. in June 1954, and to 15s. 11d. in June 1959; and what was the comparable figure for January 1963.
§ Mr. Barber
Yes, on the basis of changes in the Index of Retail Prices. The comparable figure for January 1963 is 13s. 11d.