§ Mr. Deanasked the Chancellor of the Exchequer if he will publish in the OFFICIAL REPORT a table showing the internal purchasing power of the £ sterling as 20s. in 1935, and the value 114W for each year since in terms of shillings and pence.
§ Mr. Harold LeverThe figures are given in the table below. They are based on movements in the cost of living index up to 1938 and in the consumer price index from 1938 to 1966, with a provisional figure for 1967 based on the index of retail prices.
In view of the need to link different price series together and of the considerable changes in the pattern of consumers' expenditure over this long period, the figures should be regarded as giving only an approximate indication of the changes in purchasing power.
s. d. 1935 20 0 1936 19 6 1937 18 7 1938 18 4 1939 17 9 1940 14 8 1941 13 2 1942 12 2 1943 11 8 1944 11 5 1945 11 2 1946 10 10 1947 10 1 1948 9 5 1949 9 2 1950 8 11 1951 8 2 1952 7 9 1953 7 7 1954 7 6 1955 7 3 1956 6 11 1957 6 8 1958 6 6 1959 6 6 1960 6 5 1961 6 3 1962 6 0 1963 5 11 1964 5 9 1965 5 6 1966 5 4 1967 5 2