§ Mr. Arthur Lewisasked the Chancellor of the Exchequer whether he will give for the latest date the internal purchasing value of the £ sterling, and show how this compares with June, 1970.
§ Mr. HigginsTaking the internal purchasing power of the £ sterling to be 100p, in mid-June, 1970, its purchasing power in mid-October, 1971, the latest date for which information is available, is estimated at 89½p.
This comparison is based on the movement in the General Index of Retail Prices.