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British Pound: Stronger PMIs lean hawkish for BoE – Danske Bank

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British Pound: Stronger PMIs lean hawkish for BoE – Danske Bank

Danske Research Team notes UK flash PMIs strengthened in October, with the composite rising to 53.1 and new orders growing at the fastest pace in over two years. Employment returned to growth, but input cost inflation hit its highest level since June.

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