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Money: Pound Sterling

Answer

The information requested falls within the responsibility of the UK Statistics Authority. I have asked the authority to reply. Letter from Stephen Penneck, Director-General for ONS, to Lord Wigley, dated February 2012. As Director General for the Office for National Statistics (ONS), I have been asked to reply to your Parliamentary Question asking if the ONS could publish a table showing the value of the pound in each year since 1992 against an index of 100 for the value of the pound in 1974 [HL15384]. ONS already publishes information on the value of the pound in one year compared to others covering 1977 to 2011 in table 33 of the detailed Consumer Prices Index and Retail Price Index Reference tables available at: http://www.ons.gov.uk/ons/rel/cpi/consumer-price-indices/december-2011/cpi-and-rpi-detailed-reference-tables.xls. It is recognised that certain users may be interested in comparisons for earlier years and therefore instructions are provided alongside the published data so that users can make comparisons back to 1947. Table 1 provides the analysis you have requested.

Table 1: Value of the pound in 1992 to 2011 when the value of the pound in 1974 = 100
										pence
1974	1992	1993	1994	1995	1996	1997	1998	1999	2000	2001
100	20	20	19	18	18	17	17	17	16	16
2002	2003	2004	2005	2006	2007	2008	2009	2010	2011
16	15	15	14	14	13	13	13	12	12

Secondary information

Type

Written question

Reference

15384; 735 c76WA

Session

2010-12

Subjects

Currency realignment

Contains statistics

Yes

Link

View this Written question on www.publications.parliament.uk