Reuters: Money News: May PMI factory output shrinks for first time in over 4 years: poll

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May PMI factory output shrinks for first time in over 4 years: poll Jun 3rd 2013, 05:28 BANGALORE (Reuters) - Indian manufacturing growth nearly stalled in May as factory output shrank for the first time in over four years, a survey showed on Monday, suggesting the economy remained frail at the start of the new fiscal year.

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