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Brazil Manufacturing Growth Strongest In 14 Months

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

The Brazilian manufacturing activity expanded at the quickest pace in over a year in April amid a rebound in international sales growth, survey data from S&P Global showed on Monday.

The purchasing managers' index, or PMI, for the manufacturing sector climbed to 52.6 in April from 49.0 in March. Any score below 50 indicates contraction, while a reading above 50 indicates expansion in the sector.

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