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<Econ> Brazil Mar S&P Global Manufacturing PMI Rises to 49
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S&P Global released its Purchasing Managers' Index (PMI) survey showing that Brazil's manufacturing sector remained in contraction in March, although a recovery in exports helped ease the decline in total new orders and output. Brazil's manufacturing PMI stood at 49 in March, marking the eleventh consecutive month below the neutral level of 50, indicating a further deterioration in operating conditions. However, the reading rose from 47.3 in February, with the latest data showing the slowest pace of contraction since May last year. (to/s) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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