Italy Industrial Orders n.s.a (YoY) down to -2.5% in May from previous 6.2%

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Strong NZD and dropping milk prices a cause for concern in New Zealand - ING

James Knightly from ING comments that the problems which New Zealand's economy faces currently, despite the raid growth and normalising of monetary policy, include the strength of the NZD and plunging milk prices.
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Italy Industrial Sales s.a. (MoM) dipped from previous -0.2% to -1% in May

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