U.K. March Retail Sales Unexpectedly Fall as Fuel Plunges

April 23, 2015 9:02 AM

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A Chinese manufacturing gauge fell to a 12-month low in April, suggesting government efforts to cushion a slowdown are yet to revive the nation’s factories.

The preliminary Purchasing Managers’ Index from HSBC Holdings Plc and Markit Economics was at 49.2, missing the median estimate of 49.6 in a Bloomberg survey, which was also March’s final reading. Numbers below 50 indicate contraction.

Also read: U.S. motor travel up 1.5 percent in April from year ago: DOT

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