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The Scottish economy [June 1988]

Ashcroft, Brian and Love, Jim and Boyle, Stephen and Draper, Paul and Dunlop, Stewart and Harrigan, Frank and Lockyer, Cliff and McGregor, Peter and McNicolI, Iain and Perman, Roger and Simpson, David (1988) The Scottish economy [June 1988]. Quarterly Economic Commentary, 13 (4). pp. 12-43. ISSN 2046-5378

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Abstract

With the delay in the publication of this quarter's Commentary it should be borne in mind that responses to both the Scottish Chamber's Business Survey (SCBS) and CBI surveys now refer to developments of two months ago. Accordingly, responses do not take account of, or could reasonably be assumed to have anticipated, the recent increases in nominal interest rates and the depreciation of sterling.