vs +2.5% prev
- cites combination of low inflation and improvements in employment for the increase
- warns that "volatility" in the eurozone, including Greece and Ukraine, was a risk to growth.
increased household spending, thanks in part to low inflation boosting pay, as well as wage growth finally picking up would help to drive growth
forecasts a 5.8% increase in business investment.
Latest report published by the Confederation of British Industry earlier in Asia helping to keep a bid under the pound
GBPUSD 1.5431 EURGBP 0.7397
Full report here
