Russian factory activity grows at fastest pace in two years ...News

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Russian factory activity grows at fastest pace in two years
Russia’s manufacturing sector in February saw its fastest growth since April 2019. The expansion was underpinned by robust output and new order growth, according to survey data published by IHS Markit on Monday. The Purchasing Managers’ Index (PMI) for the sector grew to 51.5 in February against January’s 50.9, the research group reports. The pace of decline in export business reportedly slowed, but orders remained robust, while employment grew the most in over two years. Also on rt.com Russian e-commerce market posts explosive growth during Covid pandemic

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