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Nikkei PMI

India manufacturing PMI slows in July

TOKYO -- Growth in India’s manufacturing sector slowed in July amid modest gains in new orders, according to a survey. 

The Nikkei India Manufacturing Purchasing Managers Index, or PMI, fell from 53.1 in June to 52.3 in July, edging closer to the 50-point line separating expansion from contraction. The reading was still the second strongest of the year after June and marked the 12th straight month of expansion. 

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