Equity

That's down from 49.7 in August and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.

Intermediate goods producers recorded a solid deterioration in conditions, while both consumer and investment goods segments recorded only marginal rates of decline. Weighing on the headline PMI was a solid and accelerated decrease in manufacturing output during September.

Furthermore, the rate of contraction was the quickest seen in six months, with survey respondents often linking the fall to reduced inflows of new work.

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