26-December-2024
Economy News
 
Russian Factory Activity Expands Marginally in November, PMI Shows
02-Dec-2024

Activity across Russia's manufacturing sector increased marginally in November, a business survey showed on Monday, thanks to fresh expansions in outputs and new orders even as work backlogs depleted and firms cut workforce numbers. The S&P Global Purchasing Managers' Index (PMI) for Russian manufacturing rose to 51.3 from 50.6 in October, moving further above the 50 level that separates expansion and contraction.

News Source:- https://money.usnews.com/investing/news/articles/2024-12-02/russian-factory-activity-expands-marginally-in-november-pmi-shows
 
 
 

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