July 1, 2019 / 1:11 PM / 3 months ago

Brazil manufacturing growth accelerates in June - IHS Markit PMI

BRASILIA, July 1 (Reuters) - Brazil’s manufacturing sector avoided slipping into recession in June, data on Monday showed, with the IHS Markit Brazil manufacturing purchasing managers index rising to 51.0 from 50.2 the month before.

A reading above 50.0 marks expansion in the sector, while a reading below signifies contraction. (Reporting by Jamie McGeever)

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