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Czech PMI plunges to its lowest level in the last 10 years

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The Czech IHS Manufacturing Purchasing Managers Index plunged to its lowest level since July 2009, posting 45.9 in June, down from 46.6 in May and well below the 50 no-change mark, partly driven by a faster decline in production and the steepest decline in new orders since May 2009, according to IHS Markit report published on July 1.

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