§ Mr. de Freitas
asked the Chancellor of the Exchequer whether he is aware that, taking the internal purchasing value of the £ sterling as 20 shillings in October 1951, it had declined to 18s. 4d. in January 1954 and to 16s. 1d. in January 1957; and what was the comparable figure for January 1960.
§ Mr. Barber
Yes, on the basis of the Index of Retail Prices. The comparable figure for January, 1960, was 15s. 3d.