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Sharpest manufacturing plunge in over two years points to weak Q2 GDP

Some economists even expect Q2's numbers to be weaker than Q1's

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IT WOULD be easy to blame April's 8.7 per cent plunge in industrial output - the steepest year-on-year decline in more than two years - on the volatile pharmaceuticals sector's 38 per cent contraction.

But economists say that weakness showed up in other manufacturing clusters too,