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UK M4 Money Supply +0.9% and Manufacturing PMI 47.9

UK M4 Money Supply +0.9% and Manufacturing PMI 47.9

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By David Horton
01/03/2013 | 09:30 GMT
  • Mfg PMI 47.9 vs revised 50.5 in Jan
  • New Orders 46.6 vs 49.7
  • M4 expectation was 0.3% and last print was 0.7%; biggest rise since august ’12
  • Manufacturing PMI expectation was 51.0 against last 50.8
  • gilt futures gain 10 tics
  • cable down on uk data
  • M4 excluding intermediate other financial companies + 0.9% m/m
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