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ECONOMICS COMMENTARY Jun 20, 2013

US: Solid rise in manufacturing output in June, with growth at three-month high

The Markit Flash US Manufacturing Purchasing Managers' Index (PMI) suggested that US manufacturing expansion remained modest during June. At 52.2, the flash PMI index, which is based on around 85% of usual monthly replies, was little-changed from May's 52.3 and the second-lowest since last October.

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