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Bank of England Agents’ summary of business conditions
Retail sales values growth had eased, reflecting a continued fall in food price inflation. Consumer services values growth had also edged lower. • Housing market demand and supply had become more closely aligned and house price inflation had moderated across much of the United Kingdom. • Investment intentions for the next twelve months had remained consistent with moderate growth in capital spending. • Business services turnover growth had been robust and broad-based across subsectors. • Manufacturing output growth for the domestic market had been steady. Manufacturing export volume growth had continued to ... (full story)