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<p><del class="ministerial">It has not proved possible to respond to this question
in the time available before Prorogation. I will correspond directly with the noble
Lord.</del></p><p><ins class="ministerial">The Purchasing Managers Indices (PMIs),
are a useful and timely barometer of economic activity but our assessment is that
there is a trade-off between speed of publication and data quality. In addition, while
the PMIs are mainly focused on changes in objective measures such as sales, evidence
suggests they are still affected by business sentiment.</ins></p>
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