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23rd Jan 2024 20:47UKDaily Monitor

  • January’s composite PMI data point to GDP rising at a near-trend 0.2% quarter-on-quarter pace in Q1.
  • S&P’s survey also points to 0.2% q/q growth in employ- ment, which would stop unemployment rising further.
  • Producer output prices remain flat despite shipping disruptions, but services inflation is fading only slowly.

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Keywords for: 25 January 2024 UK Monitor Improving PMI data signal no need for the MPC to rush

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