Daily Memo: State of Russian Manufacturing, Turkish Forces in Syria

Russian production showed positive results last month.

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Russian business. Russia’s manufacturing purchasing managers’ index rose to 54.4 points in May, up slightly from 54.3 in April. (A value above 50 points indicates growth.) Production output also accelerated to the second-fastest rate since January 2017. The uptick in new orders was attributed to increased advertising spending, new client acquisition and sustained demand. The […]

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