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British Manufacturing Stabiles Somewhat in February Amid Weaker Sterling

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 23, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The recent weakening in the Sterling helped the British manufacturing sector to stabilise somewhat in February. According to the Confederation of British Industries, the overall balance of total orders declined to –17%, meaning more companies reported their activity below normal than above. Businesses, however, had expected output to grow in[​IMG]

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