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3 Numbers: Industrial report may challenge upbeat UK growth outlook
Britain’s economy is in focus today with the monthly release of industrial production. Later, two US reports will update the macro outlook by way of fresh data for the NFIB Small Business Optimism Index and the government’s monthly estimate of job openings. UK: Industrial Production (0930 GMT) Britain’s economy continues to grow at a relatively healthy rate. The hurdles for looking good are low, of course, courtesy of a world that's burdened with an excess of low and no-growth trends. Nonetheless, the steady pace of moderately stronger GDP growth continues to put the UK near the top of the list for large ... (full story)