Bank of England monitoring of the UK economy shows business investment is down as the availability of credit generally, causes concern for domestic demand.
Construction and service sectors have felt the slow down the most. Manufacturing output levels remained stable with exporters less affected; growth in exports had slowed.
Both input and output prices have risen significantly to reflect raw material costs and maintenance of margins.
Service industries show the biggest reduction in recruitment - although previous under capacity in this sector is softening concerns.
Increases in consumer inflation are, as predicted, putting pressure on pay settlements - but the impact of this is yet to feed through to the economy in any significant measure.
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