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  "documentTitle": "Global Economics Intelligence (August 2023)",
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      "text": "UK CPI inflation fell to 6.8% in July (7.9% in June), while core inflation remained unchanged at 6.9%. The manufacturing sector remained in contraction territory in July, with output, new orders, and employment all suffering further decline.",
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      "text": "UK Prime Minister Rishi Sunak has pledged to maintain the pension triple lock. The Scottish National Party and Labour would likely both win 24 seats in Scotland at the next UK general election, based on a Survation survey.",
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      "text": "The services sector has recorded weaker performance over the past six months. Growth in average total pay was 7.8% in April to June 2023. The unemployment rate for April to June 2023 ticked up by 0.3 percentage points to 4.2%.",
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      "text": "Source: Bank of England; IMF; OECD; Office for Budget Responsibility; Office for National Statistics; McKinsey's Global Economics Intelligence analysis",
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