HC Deb 14 March 1985 vol 75 cc255-6W
Mr. MacKenzie

asked the Chancellor of the Exchequer if he will publish in the Official Report a table, taking 1964 as a base year, showing the spending power of the pound sterling in the United Kingdom from 1964, and in each year to the latest convenient date.

Mr. Lawson

The internal purchasing power of the pound (based on movements in the RPI) is set out in the following table.

Year Purchasing power
(1964 = 100)
1964 100
1965 96
1966 92

Year Purchasing power
(1964 = 100)
1967 90
1968 86
1969 81
1970 76
1971 70
1972 65
1973 60
1974 51
1975 41
1976 36
1977 31
1978 28
1979 25
1980 21
1981 19
1982 17
1983 17
1984 16