November monthly briefing | EEF

November monthly briefing

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Data round up

  • UK economy picking up thanks to the hot summer. GDP expanded by 0.7% in the three-months to August.

  • Manufacturing PMI sharply contracts in October with the index down to 51.1.

  • The slowdown is also felt all around Europe with eurozone GDP expanding just by 0.2% in Q3.

  • MPC keeps interest rates on hold and a steady forecast waiting for Brexit clarity

You can read the full economic briefing here



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