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Economic Outlook Brightens Slightly But 2010 Remains Tough

Revealing its latest economic forecast, the CBI said that near-term economic prospects are brightening. A recovery is underway in the global economy, which has been boosted by substantial fiscal and monetary stimuli, and the inventory cycle is starting to turn, both at home and abroad, which is helping to lift production. However, the pace of recovery in 2010 is expected to be slow.

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22/Oct/2009

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