Abstract
In the second quarter of 1994, the provisional estimate of GDP at market prices - money' GDP - rose by 1.4%. After allowing for inflation and adjusting for factor costs, GDP grew by 1% during the quarter, compared with the 0.9% increase recorded in the first quarter of 1994. Over the year to the second quarter, 'real' GDP is estimated to have risen by 3.7%, and now stands 1.8% above the last peak in the second quarter 1990 which preceded the recession.
Original language | English |
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Pages (from-to) | 14-36 |
Number of pages | 23 |
Journal | Quarterly Economic Commentary |
Volume | 20 |
Issue number | 1 |
Publication status | Published - Sept 1994 |
Keywords
- Scottish economic activity
- Scottish economy