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04 Jul
12:16

Italy's manufacturing PMI follows positive trend in June

Italian manufacturing industry showed a slight recovery at the end of the first half 2016, with both output and orders recovering from May’s slowdown, according to a Markit survey monitored by Kallanish. From May’s three-month low of 52.4, the seasonally adjusted Markit purchasing managers’ index (PMI) posted 53.5 in June. “Production levels were raised during June, continuing an upturn in output since the start of 2015,” says Marki…
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