UK Economy Rebounds Slightly in August but High Inflation Persists
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UK GDP rose 0.2% in August, reversing July's contraction of -0.6%
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Services sector grew 0.4% but production and construction contracted
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Inflation remains high in UK compared to other developed economies
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Bank of England monitoring wage growth and job market ahead of rate decisions
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GBP/USD lifted off recent lows on dollar weakness, finding support above 1.2000
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