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the progress of monsoon rains over india has been delayed by about a week , and june 1-27 rainfall was 23% below the long-term average , threatening production of slummer-sown crops , including rice and soybean . . . average housing prices in china fell in may at a gentler pace for a second consecutive month , signaling that the decline in property prices is stabilizing in response to government measures . . . us single-family home prices picked up for a third month in a row in april , a closely watched survey showed yesterday t the s fp/case shiller composite index of 20 metropolitan areas gained 0.7 per cent on a seasonally adjusted basis , topping economists' expectations of 0.4 per cent t but separate data showed that the conference board index fell for a fourth straight month to a five-month low of 62 as americans became less sanguine about the outlook for the labour market and pay . . . the progress of monsoon rains over india has been delayed by about a week , and june 1-27 rainfall was 23% below the long-term average , threatening production of summer-sown crops , including rice and soybean . . . average housing prices in china fell in may about a gentler pace for a second consecutive month , signaling that the decline in property prices is stabilizing in response to government measures . average home prices in china's 70 major cities fell 1.5 per cent in may from a year earlier , official data published on monday showed , and the pace of decline picked up . india's gold demand could revive from a prolonged slump if predictions of normal monsoon rains over the country are realized , a top industry body executive said . india's monsoon rains picked up pace in the week through june 20 , but were stabill 5% below average , data from the country's weather bureau showed . Generated 2012-7-1_4:16
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