§ 112. Mr. de Freitasasked the Chancellor of the Exchequer what was the internal purchasing value of the £ sterling, based on the Interim Index of Retail Prices in November, 1951, 1952, 1953, 1954, 1955 and 1956, taking the value in October, 1951, as 20s.
§ Mr. P. ThorneycroftThe figures are as follows:
s. d. November, 1951 … … 19 11 November, 1952 … … 18 9 November, 1953 … … 18 4 November 1954 … … 17 10 November, 1955 … … 16 9 November, 1956 … … 16 3 The figure for November, 1956, is based on the new index of retail prices which replaced the old interim index in February, 1956.