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4th Jun 2024 17:50UKDaily Monitor

  • The final composite PMI for May points to 0.25% quarter-to-quarter growth.
  • Firms are responding to rising output by hiring, suggesting official employment data will rebound soon.
  • The PMI indicates services inflation will slow ahead of the MPC’s August interest rate decision.

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Keywords for: 6 June 2024 UK Monitor

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