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The Economic Situation

Anonymous

National Institute Economic Review, 1965, vol. 33, 4-21

Abstract: Between last autumn and this spring, national output rose fast. Those who said, eight months ago, that the Government's November measures would by themselves rapidly produce a deflation have been proved wrong. In the first quarter of this year, the gross domestic product was some 4 per cent higher than in the same quarter of last year—when, in turn, it had been some 8 per cent higher than at the beginning of 1963.

Date: 1965
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