Market Currents
Brazil's May PMI at 49.3 is unchanged from April, but remains in contraction territory, with...
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Friday, June 1, 2012, 9:14 AM ETBrazil's May PMI at 49.3 is unchanged from April, but remains in contraction territory, with export orders falling to their lowest level of 2012. "(The) manufacturing sector is going through a particularly difficult time, squeezed between rising costs on one side, and competition from imports on the other," says HSBC.
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