HC Deb 16 October 1973 vol 861 c57W
Mr. Sillars

asked the Chancellor of the Exchequer if he will state the purchasing power of the £ sterling now compared with June 1970.

Mr. Nott

Taking the internal purchasing power of the £ sterling at 100p in June 1970, its value in August 1973, the latest date available, is estimated to be 77½p, on the basis of the change in the General Index of Retail Prices.

Forward to