India, April 1 -- The Brazilian manufacturing sector expanded at a softer pace in March as new orders and employment increased at weaker rates, survey data from S&P Global showed on Tuesday.
The purchasing managers' index, or PMI, for the manufacturing sector dropped to 51.8 in March from 53.0 in February. However, a score above 50 indicates expansion.
Factory production increased for the sixth time in seven months, spurred by healthy demand conditions as new orders increased for the fifteenth successive month.
New business from international clients grew for the first time in five months amid more demand from other Latin American nations, the EU, and the US.
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