HC Deb 11 May 1951 vol 487 c268W
Mr. J. Morrison

asked the Chancellor of the Exchequer if he will provide a table showing, in pence, the fall each month in the value of the pound sterling over the past 18 months.

Mr. J. Edwards

Using the interim index of retail prices as price index, the fall in the value of the pound sterling over the last 18 months is shown in the table below:

June, 1947 = 20s
s. d.
1949, October 17 10
November 17 10
December 17 9
1950, January 17 9
February 17 8
March 17 7
April 17 7
May 17 6
June 17 7
July 17 7
August 17 8
September 17 7
October 17 5
November 17 4
December 17 3
1951, January 17 1
February 16 11
March 16 9