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PMI manufacturing: Factory output drops to 57 8 in June from 58 7 in May

According to S&P Global, the overall level of business confidence rose to a six-month high in June

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Manufacturing PMI weakens to 53 9 in June due to rising input costs, inflation concerns

The agency added that while there was an increase in production attributable to an increase in demand, growth was constricted due to acute inflationary pressures.

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