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JP Morgan: global manufacturing activity slumps further in November

The Global Performance of Manufacturing Index’s (PMI) downturn intensified in November, hitting a 29-month low as companies face weaker intakes of new business, slower international trade flows, and continued high costs. 

European manufacturing slips to record lows in October

The eurozone’s manufacturing industry slipped further into contraction territory in October, declining to 46.4— the lowest level since May 2020. 
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