1961 UK Recession Before EEC/EU Membership
Causes: Time lag from the ‘Rolling Adjustment’ recession in America and high bank rate.
Period in Recession
1961 Q3: -0.5%
1961 Q4: -0.2%
Total of 2 quarters in recession.
Read Full News Story » Five Years of UK Recessions Since Joining the EEC/EU in 1973
