Adapting. Russia’s purchasing managers’ index increased at its fastest pace in nearly six years, from 50.7 in October to 53.2 in November. (A rating below 50 signifies a contraction.) The growth was driven by new orders and helped spur an increase in employment. Russia’s economy appears to be adapting to the tough Western sanctions regime. […]
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Daily Memo: Signs of Economic Growth in Russia
The Russian economy appears to be adapting to Western sanctions.
