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China's official PMI falls to 50.2 in June - the slowest growth this year - from 50.4 in May vs....
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Sunday, July 1, 2012, 2:49 AM ETChina's official PMI falls to 50.2 in June - the slowest growth this year - from 50.4 in May vs. consensus of 49.9 and the HSBC flash reading of 48.1. The output sub-index 52 vs. 52.9, while new orders contract for a second month and a measure of input prices drops to its lowest reading since Dec. 2008. "Further monetary easing is warranted," says Mizuho economist Shen Jianguang.
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