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Economy and macroUpdated November 3

Business confidence falls to a seven-month low

October’s survey put business confidence at a seven-month low amid growing economic uncertainty. This reading reflects how surveyed firms see the outlook, rather than measuring current output. The report said their optimism about production over the next 12 months was limited, adding a forward-looking note to a month when output and new orders were already falling sharply.

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Coverage started November 3

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