2 Jul 2010

World markets fall on manufacturing data

1:45 pm on 2 July 2010

Disappointing manufacturing reports from China and Europe has raised concerns about the strength of the global recovery.

World stock markets fell on Thursday following data showing that pace of growth in Chinese manufacturing slowed in June, the BBC reports.

Manufacturing growth in other parts of Asia also slowed, with India's rate of growth down from a two-year high and South Korean manufacturing growing at its slowest rate in six months

Meanwhile, the eurozone also reported its second successive monthly fall in manufacturing growth.