S&P Global: Russia’s Manufacturing PMI remains 53.8 in November

MOSCOW, Dec 1 (PRIME) -- Russia’s Manufacturing Purchasing Managers’ Index (PMI) remained at 53.8 in November, S&P Global said in a statement on Friday.

"The seasonally adjusted S&P Global Russia Manufacturing PMI was unchanged at 53.8 in November, indicating a significant improvement in business conditions. The health of the sector has been strengthening over the past 19 months," the researchers said.

An index value above 50 points indicates an increase in economic activity, while below - its decline.

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