UK, US, China and Eurozone manufacturing slumps

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Manufacturing warehouse
Manufacturing warehouse
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UK: 

The UK manufacturing industry showed increased signs of renewed contraction in May, as the headline seasonally adjusted IHS Markit/CIPS purchasing Manager’ Index (PMI) registered at 49.4, down dramatically from 53.1 in April.  

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This is the first time since July 2016 that the PMI has fallen below the neutral 50.0 benchmark.  

The Recycling Event is less than one . . .

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