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Dáil Éireann - Volume 298 - 30 March, 1977 Ceisteanna—Questions. Oral Answers. - Purchasing Power of £. Mr. C. Murphy Mr. C. Murphy 1. Mr. C. Murphy asked the Taoiseach the purchasing power of £100 in mid-February, 1977, reckoning mid-February, 1973, as the base. Mr. Dowling Mr. Dowling 2. Mr. Dowling asked the Taoiseach the purchasing power of £1 sterling in mid-February, 1977 as against £1 in mid-February, 1973. Minister for Fisheries (Mr. Donegan) (for the Taoiseach) Patrick S. Donegan Minister for Fisheries (Mr. Donegan) (for the Taoiseach): With the permission of the Ceann Comhairle, I propose to take Questions Nos. 1 and 2 together. It is estimated on the basis of the consumer price index numbers that £190.26 would be required at mid-February, 1977, to purchase the same quantum of goods and services at retail prices as £100 would have purchased at mid-February, 1973. This means that £1 at mid-February, 1973, had the same purchasing power as £1.90 at mid-February 1977. Mr. C. Murphy Mr. C. Murphy Mr. C. Murphy: Did I hear the Minister correctly when he said £190.36? Mr. Donegan Mr. Donegan Mr. Donegan: £190.26. Mr. C. Murphy Mr. C. Murphy Mr. C. Murphy: Could I ask the Minister when he anticipates that the National Coalition will deserve the caption of “the Government that halved the £”? Mr. Donegan Mr. Donegan Mr. Donegan: I have a great feeling for what is going to happen in the months to come. A Deputy A Deputy 637 [637] A Deputy: Surely it happened before Fianna Fáil came back into power. Mr. C. Murphy Mr. C. Murphy Mr. C. Murphy: Who halved the £? An Ceann Comhairle Seán Treacy An Ceann Comhairle: Order. Question No. 3. Dáil Éireann 298 Ceisteanna—Questions. Oral Answers. Purchasing Power of £. Questions 19770330
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