The latest CBI Industrial Trends Survey shows UK manufacturers are at their most confident in 7 months.
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“The slide towards deflation is now inevitable but that won’t worry George Osborne one bit ahead of the election.” - Dennis de Jong, managing director at UFX.com
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“Beyond delaying the first hike, we also take down the pace of normalization into 2016, finishing the year at 1.25% (slightly below the analysts’ consensus) against 1.75% so far.” - Gilles Moec at …
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“Sterling rose following the BoE report and was dealing around a cent higher against both the dollar – close to a 1-month high – and a similar amount against the euro, close to the 7-month high.” –…
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“Basing wage increases on temporary market movements seems to be at odds with the long term economic plan.” - Katja Hall, CBI Deputy Director-General.
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“Consumption has been the predominant driver of GDP growth recently; hence the path of average weekly earnings is important not just for inflation, but for growth too.” – Sebastien Cross at Bank of…
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“How long will sterling buoyancy last? Watch the tone of a Feb. 12 survey from the U.K. central bank on growth and inflation.” – Joe Manimbo at Western Union.
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