The rate of economic growth slowed in the three months to June, but activity remained solid across the quarter as a whole, according to the latest CBI growth indicator.
The survey of 752 respondents across the manufacturing, retail and service sectors showed a reading of +14% in the three months to June, compared with +33% in May. This slowdown was largely due to last month’s fast pace of growth in business and professional services not being sustained. Nonetheless, expectations are buoyant, with respondents anticipating…
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