U.K. manufacturing and mortgage approval data shows recovery

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
High growth in U.K. manufacturing and better-than-expected mortgage approval data indicated that British economy might be recovering. Factory output gauge advanced to 52.5 in June from 51.5 a month earlier – the highest growth in two years, while experts predicted the index to show 51.4. Mortgage approvals data showed the biggest number of home loans recipients since 2009.

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