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23rd Sep 2024 11:01UKDaily Monitor

  • The composite PMI decline and drop in output price inflation raise the potential for faster rate cuts.
  • But the PMI remains consistent with 0.4% quarter-to-quarter GDP growth…
  • ...While still-strong forward-looking sub-balances suggest the headline PMI will rebound.

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Keywords for: 24 September 2024 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence