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ECONOMICS COMMENTARY Apr 03, 2014

UK PMIs signal strong end to Q1, but also point to slower pace of expansion and easing price pressures

The March PMI" surveys signalled a strong end to what looks to have been another quarter of above-trend economic growth of at least 0.7%. Growth may weaken from here, but only modestly with no sharp easing in sight. Employment growth has likewise moderated, but so have price pressures.

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