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The Russian manufacturing sector continued to expand in December 2023, showing the strongest improvement rate in almost seven years, according to the latest PMI report from S&P Global. At the same time Services PMI also remained in the growth territory in the reporting month. (chart) As followed by bne IntelliNews, despite the fallout from Russia’s full-scale military invasion of Ukraine, the manufacturing sector ended 2022 with a historically strong expansion in output. Manufacturing PMI since January 2023 continued to trend in positive territory. The seasonally adjusted S&P Global Russia Man…

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