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Russia Manufacturing Downturn Eases Further

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Russia's factory activity deteriorated at the slowest pace in nine months amid broad stabilization in new orders after an 8-month sequence of contraction, survey results from S&P Global showed on Monday.The manufacturing purchasing managers' index, or PMI, rose slightly to 49.5 in February from 49.4 in January. However, any reading below 50 indicates contraction.Output fell at the slowest pace in ...

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