Russian factory growth improves in January

NAMPA / DPA

2025-02-03

Moscow (dpa-AFX) - Russia's manufacturing sector activity expanded at the quickest pace in six months amid faster rises in output and new orders on the back of strong domestic demand, survey results from S&P Global showed on Monday. The manufacturing purchasing managers' index (PMI) rose to 53.1 in January from 50.8 in December. A reading above 50 indicates expansion. Output grew at the steepest pace since June 2024, led by greater demand conditi......

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