October monthly briefing | EEF

October monthly briefing

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Data round up

  • UK economy up by 0.4% in the quarter but business investment plunged by 0.7% in the quarter and 0.2% in the year.

  • Wages growth accelerates with regular wages growing 2.9%.

  • CPI is also running fast thanks to rising oil prices. In August prices were up by 2.7%.

  • Manufacturing activity picked up in September with PMI at 53.8.

You can read the full economic briefing here 






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