Analyst: UK preliminary PMI data signals a significant slowdown in GDP growth
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```htmlGolden Ten Data reported on June 23 that Cathal Kennedy, an analyst at RBC Capital Markets, stated in a report that the preliminary UK PMI data for June suggests economic growth may slow significantly in the coming quarters. The UK composite PMI, which measures activity in the services and manufacturing sectors, dropped to 49.4 in June from 49.7 in May, falling short of the average expectation of 50.3 from economists surveyed by The Wall Street Journal.```
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