BOE Agents Summary of Business Conditions Q3

Dhwani Mehta FXStreet

The Bank of England (BOE) is out with its latest Agents Summary of Business Conditions for Q3, highlighting the following:

Demand growth slows across a number of consumer facing sectors

Investment intentions indicate weaker growth within services, but more positive for goods exporters

Growth in labour costs per employee subdued, with pay settlements clustered around 2% to 3%

Impact of past falls in sterling on consumer goods price inflation appeared to have reached its peak

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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