Dáil Tuesday 26 October 1976

Ceisteanna—Questions. Oral Answers. - £100 Purchasing Power.

Questions in this session

£100 purchasing power 2 speeches

The Taoiseach’s office estimated that £175.81 in mid-August 1976 was needed to buy what £100 purchased in mid-February 1973, based on the consumer price index.

Ciaran P. Murphy, John M. Kelly

Ciaran P. Murphy Mr. C. Murphy Fianna Fáil

asked the Taoiseach the purchasing power of £100 in mid-August, 1976, reckoning mid-February, 1973, as the base.

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John M. Kelly Parliamentary Secretary to the Taoiseach (Mr. Kelly) Fine Gael

It is estimated on the basis of the consumer price index numbers that £175.81 would be required at mid-August, 1976, to purchase the same quantum of goods and services at retail prices as £100 would have purchased at mid-February, 1973.

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