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flag A rate hike slowed plumbing supplier's growth by raising borrowing costs and cutting expansion plans.

flag A plumbing supplier's recent signs of recovery were undermined by a recent interest rate hike, which increased borrowing costs and slowed business expansion plans, according to company officials. flag The rate increase, part of broader monetary policy adjustments, has impacted capital investment and customer financing, reversing some of the positive momentum seen in late 2025.

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