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Britain’s manufacturing decline by 0.3%

Last Updated on Tuesday, 11 October 2011 12:49 Written by Elena Rajkovic Tuesday, 11 October 2011 12:49

The Office of National Statistics in the United Kingdom release its bulletin report on the Manufacturing Production for the month of August; figures were reported worse than economists’ expectations. Compared to July 2011, manufacturing production fell by 0.3% from -0.2% while forecast drew near a correction of -0.1%.

EURUSD nearing 1.3700

Last Updated on Tuesday, 11 October 2011 10:41 Written by Elena Rajkovic Tuesday, 11 October 2011 10:41

The 17-nation european currency marked a big rally against the U.S Dollar, raising over 300 pips from 1.3360 to 1.3690 in yesterday’s trading session.

UK PPI input up by 1.7%

Last Updated on Friday, 7 October 2011 11:45 Written by Elena Rajkovic Friday, 7 October 2011 11:44

The change in the price of goods and raw materials purchased by manufacturers in the United Kingdom rose unexpectedly from -1.8, which was the report in August, to 1.7% in September while expectations rallied around 1.3%.

U.K Services PMI at 52.2

Last Updated on Wednesday, 5 October 2011 02:14 Written by Elena Rajkovic Wednesday, 5 October 2011 02:14

United Kingdom’s Services PMI rose unexpectedly in September after an eight month August low of 51.1. Economists expected an even larger drop to 50.6 after the big fall to 51.1, a low that hasn’t been marked since January.

British Manufacturing PMI at 51.1 points

Last Updated on Monday, 3 October 2011 01:16 Written by Elena Rajkovic Monday, 3 October 2011 01:16

Great Britain’s Manufacturing Purchasing Managers’ Index rose by 51.1 points in September. Economists predicted that PMI would drop in September by 0.5 points compared to last month’s actual release of 49.4. Predictions stood at a 48.9 drop, and was released on a positive note of 51.1.

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