Commentary

Quarterly Bulletin 1973 Q3
Published on 01 September 1973

The Commentary this time begins with a review of the economic situation and the tightening of monetary policy in the second half of July. There is a note comparing indicators of the pressure of demand on page 280 and another on the rise in commodity prices between June 1972 and June 1973 on page 283. The last part of the Commentary, beginning on page 285, provides more detail of financial developments during May to July.

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