Analysis of financial statistics

Quarterly Bulletin 1966 Q3
Published on 01 September 1966

Economic activity continued to expand in the first quarter of 1966. After allowing for seasonal factors, there was a sharp increase in consumers' expenditure, and a recovery in stockbuilding from its low rate in the previous quarter. The balance of payments on current account, which had shown a surplus in the fourth quarter of last year, deteriorated and there was a deficit equal to that of a year ago.

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