manufacturing activity data.<\/a><\/p>\nThe retail sales slumped -2.5% MoM in October after rising 0.9% in September and the German manufacturing PMI was downwardly revised to 46.2 in November.<\/p>\n
The pound is pushing higher ahead of UK manufacturing PMI data which is expected to confirm the preliminary print of of 46.2.<\/p>\n
Meanwhile inflation in the UK shows few signs of slowing as food inflation rose to 12.6%.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate rising above \u20ac1.16, gaining for a third straight day. The euro is falling after weaker than forecast German retail sales and manufacturing activity data. The retail sales slumped -2.5% MoM in October after rising 0.9% in September and the German manufacturing PMI was downwardly revised to 46.2 in November. […]<\/p>\n","protected":false},"author":163946598,"featured_media":4846,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1394,2410],"class_list":["post-113508","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\n
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