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Italy Manufacturing Continues Robust Growth In May

Italy's manufacturing sector maintained its solid growth in May, albeit slower rate than the expansion in the previous month, survey figures from Markit Economics showed Monday.

The Markit/ ADACI purchasing managers' index fell to 53.2 in May from 54.0 In April. Any reading above 50 indicates expansion in the sector. The latest reading suggest a solid overall improvement in business conditions at Italian goods producers.

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Source: http://www.rttnews.com

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