mpc: 13 Early indicators for the fourth quarter had been consistent with some easing in manufacturing
output growth. Official data recorded a 0.4% fall in October and the available surveys for November
were signaling slowing growth, although reports from the Bank's regional Agents had suggested
continuing strength. In the service sector, reports from the Agents and the CIPS/RBS business survey
had indicated continued firm growth, although profit warnings had increased during the course of the
year.
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