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Manufacturing in the Russian Economy Still Expanding

March 1st, 2010 · No Comments · Russia Economy

Russia’s PMI index printed a reading of 50.2 in February signaling that manufacturing in the Russian economy is still expanding according to RT.

Despite a reading of above 50, the Russia PMI for February is down from January’s reading of 50.8 which is of concern considering the fragility of the Russia economy.

Nonetheless, February’s reading marks the first consecutive reading above 50 since July of 2007.

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