Russian factory growth improves on robust demand

NAMPA / DPA

2024-12-02

Moscow (dpa-AFX) - Russia's manufacturing sector activity expanded at an accelerated pace, thanks to renewed rises in output and new orders amid an improvement in demand conditions, survey results from S&P Global showed on Monday. The manufacturing purchasing managers' index, or PMI, rose to 51.3 in November from 50.6 in October. A reading above 50 indicates expansion. New orders showed an increase in November amid a pickup in demand conditions,......

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