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UK Manufacturing PMI down to 51.5

UK Manufacturing PMI eased to 51.5 in September, down from a revised reading of 51.6 in August (originally reported as 51.5). Analysts were anticipating decline to 51.3. The PMI has now posted above the 50.0 no-change mark for 30 months running. However, the pace of growth signalled during quarters two and three of this year have been weaker than those generally seen earlier in the current growth sequence. 
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UK current account deficit at £16.8 billion

The United Kingdom’s  current account deficit was £16.8 billion in Quarter 2 2015, down from a revised deficit of £24.0 billion in Quarter 1 2015, thus beating forecasts on deficit of £22.2 billion. The deficit in Quarter 2 2015 equated to 3.6% of gross domestic product at current market prices, down from 5.2% in Quarter 1 2015.
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UK Retail Sales up by 0.2% in August

Continuing a sustained period of year-on-year growth, the volume of retail sales in August 2015 is estimated to have increased by 3.7% compared with July 2015. This was the 29th consecutive month of year-on-year growth. The underlying pattern in the data, as suggested by the 3 month on 3 month movement in the quantity bought, showed growth for the 30th consecutive month, increasing by 0.4%.
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UK's Trade Balance deficit widen in July

The UK’s deficit on trade in goods and services was estimated to have been £3.4 billion in July 2015, a widening of £2.6 billion compared with June 2015. This widening of £2.6 billion is attributed to trade in goods where the deficit has increased from £8.5 billion in June 2015 to £11.1 billion in July 2015. Analysts were predicting £9.5 billion deficit. Read more...

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