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inflation
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what is the current value of �7 from the 1950's?
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UK Retail Price Index from 1915 (January 1987 =100) here
http://www.wolfbane.com/rpi.htm
july 2004 186.8
july 1954 10.6
Present equivalent of �7 in 1954 = �123
Take it as broad indication only
:)
The best site for calculating inflation is:
http://eh.net/hmit/ppowerbp/?action=before70£s=40000&sh illings=&pence=&year=1969
�7 in 1950 is worth �137.52 today
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