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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

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,...

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