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Analysts warn against reading too much into Brazil's GDP growth, note future growth projections will likely be revised downward; Brazil's GDP grows by 1.9% in Q1 2023, driven by agribusiness, while household consumption gains 0.2% amid drop in inflation

S&P Global Canada Manufacturing PMI decreased to 49.0 in May from 50.2 in April, below the 50.0 neutral mark for the second time in the past three months; output, new orders and employment decreased as client budgets were squeezed by high inflation

S&P Global US Manufacturing PMI fell to 48.4 in May from 50.2 in April, fastest deterioration in operating conditions since February; decline driven by contraction in new orders amid muted demand conditions while output, employment continued to increase

Caixin China General Manufacturing PMI rose to 50.9 in May from 49.5 in April; increase in overall new business amid reports of firmer client demand supported the quickest expansion in production in nearly a year

S&P Global/CIPS UK Manufacturing PMI in May fell to 47.1 from 47.8 in April; higher contraction rates in output, new orders and employment as manufacturers were impacted by weak domestic market sentiment, lower new export order intakes, client destocking

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