Though the wholesale data undershot
our forecasts, analysts still expect Q3 GDP growth of 2.3%, following an expected downward Q2 GDP growth bump to 1.8% (was 1.9%) from the 2.1% advance figure.
The pound had a volatile day, suffering from an early sell-off when inflation slightly undershot
expectations to hold steady 2.4%.
According to the minutes of the central bank meeting, policymakers believe inflation has undershot
the government's target because of lower food prices.
The result undershot
the latest target of PS90.2bn set by the independent Office for Budget Responsibility (OBR) at the time of last month's Budget.
Someone said that my new puppy of five months is "undershot
Officials said a navigation system that helps pilots make safe descents was turned off at the airport when the South Korean airliner undershot
the runway, officials said.
"A light plane undershot
the runway and crashed near the Bolshoye Gryzlovo airfield in the Serpukhov district of the Moscow region on Sunday.
Although the growth slightly undershot
the average market projection, the number of nonfarm jobs added in November and December were revised up sharply.
Today UK: BOE INFLATION REPORT UK CPI inflation has undershot
the Bank of England's forecasts since May's Inflation Report and the Bank is expected to revise down its forecasts for both inflation and GDP.
Incorporating colorplates of his paintings and drawings throughout, he documents them from his early to later years, including what they reveal about the Netherlands, and discusses Windmill at Wijk bij Duurstede and Two Undershot
Water Mills with an Open Sluice in depth, as well as his achievements, the impact on his pupil Meindert Hobbema, who also used the motif, and the history of collecting these mill paintings and their reception by later artists and critics.
But it missed analysts' forecasts for the period and undershot
first quarter earnings of 5.43 billion as selling prices ate into margins.
At news conference on Monday after Sunday's results undershot
analysts' forecasts, Saudi Basic Industries Corp also said it had no plans for a bond issue in the medium term.