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International
UK's M4 Money Supply Rises 0.8% MoM in March
Britain's M4 money supply rose 0.8% month over month in March, against the revised 0.7% increase in February, the Bank of England said Friday.Analysts expected a 0.5% decrease for the month.
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International
S&P: UK Final Manufacturing PMI Hits 47-month High in April
The UK's manufacturing sector remained in the growth territory in April, benefiting from a continued increase in production and an improvement in new order intakes.The final S&P Global UK Manufacturing PMI stood at 53.7 in April, against the previous 51 and the flash estimate of 53.6, S&P Global said Friday. The final reading marks a 47-month high and stands above the 50 neutral threshold for the sixth straight month.
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International
UK Consumer Credit Growth Slows in March; Mortgage Approvals Up
Net borrowing of consumer credit by individuals in the UK stood at 1.90 billion pounds sterling in March, following the revised 1.98 billion pounds in February, according to Bank of England data published Friday.The consensus estimate for the month was 1.8 billion pounds.Meanwhile, net mortgage approvals for house purchases came in at 63,531, compared with the revised 62,708 in the prior month and the expected 60,000.
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