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Year
X
2012
Type
House
Session
Month
Department
Member
Primary member
Answering member
Legislative stage
Legislation
Subject
Publisher
To ask Her Majesty’s Government whether they will 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.
To ask Her Majesty’s Government whether they will 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.
Asked by
Lord Wigley
(Plaid Cymru)
Answered by
Lord Wallace of Saltaire
(Liberal Democrat)
Answering body
United Kingdom Statistics Authority
Type
Written questions
Status
Answered
Answered on
8 February 2012
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 |
Subjects
Currency realignment
Date
8 February 2012
Reference
15384; 735 c76WA
House
House of Lords