UK growth steady despite momentum drop

Posted on 30 Nov 2015 by Callum Bentley

UK economic growth remained steady in the three months to November albeit at a slower pace than a few months ago, according to the latest CBI Growth Indicator.

The survey of 748 respondents brings together economic-activity survey data across the manufacturing, retail and service sectors, and showed the pace of growth was broadly stable, having weakened over the past two months. The balance of firms reporting a rise in output was +13%, a shade below the +14% reported last month but above the…

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