Manufacturing in Brazil
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Brazil Factory Sector Growth Accelerates In November
BRAZIL, 2012/12/15 Activity in the Brazilian manufacturing sector increased at a notably faster pace in November, helped by strong increase in work intakes and production, data from a survey by Markit Economics and HSBC Bank showed Monday. The seasonally adjusted purchasing managers' index (PMI) for the manufacturing sector increased to 52.2 in November from 50.2 in October. An index reading above 50 indicates expansion, and one below signal contraction.
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