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Significance
Labour and housing markets are slowing very gradually, but the strength of services is preventing a faster fall in headline inflation. The pass-through effects of interest-rate rises since 2022 promise eventually to take the momentum out of the services sector and could engender further sector-specific financial crises.
Keywords:
International,
INT,
PROSPECTS H2 2023,
economy,
consumer,
employment,
foreign investment,
foreign trade,
growth,
investment,
manufacturing,
property,
services,
wages
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2023
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