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Published online by Cambridge University Press: 26 March 2020
Industrial production has continued to expand and is estimated to have been 10 per cent higher in January than a year earlier. The main forces behind the expansion have been continuing increases in consumption and exports. Although there has been no radical change of trend in the economy, the risk that demand will become excessive appears to have increased.
note (1) page 6 See National Institute Economic Review, no. 7, page 28 and table 39, page 44.
note (1) page 8 National Institute Economic Review, no. 7, January 1960, page 24.