icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Russian manufacturing growth slows

Russian manufacturing growth slows
According to the VTB Bank Europe purchasing managers' index, Russian manufacturing growth slowed in February. Analysts say the decline is due to slower growth in output and new orders.

The index fell to 52 points from 52.3 in the previous month.

On the positive side, the employment index showed relatively strong gains, suggesting that respondents remain positive about their future output plans.