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mpc: 6 In UK-weighted terms, the month's news on world activity was perhaps mildly on the downside. Though fourth-quarter GDP growth in the United States was, at 1%, the same as in the advance release and confirmed the continuing recovery there, the 0.3% outturn for the euro area was weaker than the Committee had been expecting. Growth in Japan, by contrast, was again stronger than expected and growth elsewhere in Asia remained robust.

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