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ABN Amro
Manufacturing shrinks again in December
Mumbai: Indian manufacturing activity contracted for the second consecutive month in December to its lowest in more than 3-½ years as the impact of the global slowdown on Asia's third-largest economy deepened, a survey showed on Friday. The ABN AMRO Bank purchasing managers' index (PMI), based on a survey of 500 companies, fell to a seasonally adjusted 44.4 in December, falling for the fourth consecutive