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31st Jul 2017 07:28U.K., Economic Monitor

The latest money and credit data highlight that the financial fortunes of firms and households have begun to differ markedly. Private non- financial corporations--PNFCs--are enjoying strong growth in their broad money holdings. The 1.2% month-to-month increase in PNFC's M4 was the largest rise since August 2016, and it lifted the year- over-year growth rate to 9.3%, from 9.0% in May.

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Keywords for: 1 August 2017 Money Data Show Diverging Household and Corporate Fortunes

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