business | June 02, 2011 | 0 comments

Global growth fears fuelled by weak factory data

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Britain's manufacturing industry slumped "from rapid expansion to near stagnation" last month, according to the closely-watched purchasing managers' index (PMI), raising fresh questions about the recovery and sending the pound down almost two-thirds of a cent against the dollar to $1.6401.
:http://www.telegraph.co.uk/finance/economics/8550796/Global-growth-fears-fuelled-by-weak-factory-data.html
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    business
  2. tags:
    Economy Recession austerity Global Growth
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