HC Deb 09 June 1961 vol 641 c127W
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 April, 1953, and to 16s. 1d. in April, 1957; and what was the comparable figure for April, 1961.

Mr. Barber

Yes, on the basis of the retail price index. The comparable figure for April, 1961, is 14s. 10d.