Bank of England agents report: fall in sterling was being passed through into higher manufacturing output and consumer goods price inflation

Market news

22 March 2017

Bank of England agents report: fall in sterling was being passed through into higher manufacturing output and consumer goods price inflation

moderate rates of uk economic activity growth had continued overall
Retail sales expected to slow due to weaker sterling, exports had risen
Growth in labour costs per employee had remained subdued, pay settlements around 2-2.5 pct
Investment intentions had picked up, pointing to modest growth in spending in the year ahead

Protectionist trade policies may increase, rather than reduce, a country's trade deficit - ECB study

Britain's FTSE 100 extends losses, now down 0.9 percent at a two-week low

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