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Weak UK PMI Data Suggests Second Quarter GDP Fall

Wed 04 Jul 12 | 04:30 AM ET
"There were additional bank holidays around the Queen's Jubilee that suppressed activity in a lot of areas, it did of course boost some in relation to hotels and restaurants but the net effect was a negative one and I I don't think we should overplay that," Chris Williamson, chief economist at Markit told CNBC.
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