Russian factory activity humming – survey ...News

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Russian factory activity humming – survey
source : Russia Today ( News ) () 59
Manufacturing has surged to its highest level in seven years, according to S&P Global Data on manufacturing activity in Russia during December has shown the fastest pace of growth in almost seven years, spurring job creation to a three-month high, a survey by S&P Global published this week reveals. Data based on the Purchasing Managers’ Index (PMI) compiled by S&P Global showed that factory activity in Russia rose to 54.6 in December from 53.8 in November in the highest reading since January 2017. The reading of the index, which reflects manufacturing and services activity, stood well above the mark of 50 which se

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