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The PMI was under the 50-point threshold, signalling a contraction in the manufacturing sector. Among the PMI sub-indices, the new orders index fell 4.3 pp and was under the 50-point mark.
The production volume index edged down 0.7 pp but still indicated an expansion.
The employment index dropped 2.1 pp, falling under the 50 threshold.
The delivery times index declined 3.6 pp and was below the 50-point mark.
The gauge of purchased inventories fell 1 pp but still indicated expansion.
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