Russia's services PMI sees fastest growth in 6 months: report


MOSCOW, Dec. 3 (Xinhua) -- Russia's services Purchasing Managers' Index (PMI) logged the quickest rate of growth in the past six months, hitting 52.2 in November, an analytics and financial information agency said Wednesday.

S&P Global said in a report that the PMI, a key indicator of economic health, signals expansion in business activity when it exceeds 50 and contraction when it falls below that threshold.

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