mpc: 14 There were some suggestions of a shift in the composition of growth towards net trade and
investment. The ONS had revised up the figures for both exports and imports in the latest monthly
trade release. And the most recent CBI and BCC surveys had shown an improvement in export orders
as well as stronger investment intentions while the CBI survey had also shown an increase in capital
goods output. Information gathered by the Bank's regional Agents had been consistent with these
developments.
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