§ Mr. Galbraithasked the Chancellor of the Exchequer what in terms of money value today would be the equivalent of 2.4d. in 1938.
§ Mr. MacDermotIt is estimated that 8.4d. in December, 1966, the latest date available, would have had the same purchasing power as 2.4d. in 1938. This estimate is based on changes in the consumer prices index, adjusted for movements in the index of retail prices during 1966.
§ Mr. Galbraithasked the Chancellor of the Exchequer what in terms of money value in 1938 would be the equivalent of today's £2,000.
§ Mr. MacDermotIt is estimated that £2,000 in December, 1966, the latest date available, was equivalent in purchasing power to £572 in 1938. This estimate is based on changes in the consumer price index, adjusted for movements in the index of retail prices during 1966.
§ Sir C. Osborneasked the Chancellor of the Exchequer what is the internal purchasing power of the £ sterling today as compared with 20s. in 1946.
§ Mr. MacDermotTaking the internal purchasing power of the £ sterling as 20s. in 1946, its value in December, 1966, the latest date for which information is available, is estimated at 9s. 8d. This estimate is based on changes in the consumer price index for calendar years up to 1965, adjusted by movements in the retail price index during 1966.