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Severe Downturn In Eurozone Manufacturing Eases

The severe downturn in the euro area manufacturing sector continued to ease in June amid easing of restrictions related to coronavirus pandemic, final survey data from IHS Markit showed Wednesday.

The final factory Purchasing Managers' Index rose to a four-month high of 47.4 in June from 39.4 in May and improved from a flash reading of 46.9.

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by RTTNews Staff Writer

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