HC Deb 27 July 1959 vol 610 c21W
Mr. de Freitas

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. 3d. in June, 1953, 17s. 3d. in June, 1955, and 15s. 11d. in June, 1957; and what was the comparable figure for June, 1959.

Mr. Erroll

Yes, on the basis of the Index of Retail Prices. The comparable figure for June, 1959, was 15s. 4d.