MOSCOW, December 2. /TASS/. Russia’s Manufacturing Purchasing Managers’ Index (PMI) rose to 51.3 points in November 2024 from 50.6 points in the previous month, the S&P Global analytical agency said in a report.

"Contributing to the overall improvement in operating conditions was a renewed rise in new sales during November. Russian manufacturers recorded a marginal increase in new orders which ended a two-month period of decline," the report said.

The growth of the index also signals a second successive monthly upturn in the health of the Russian manufacturing sector, according to S&P Global.

Foreign client demand also rose, as new export orders grew for the fourth month running, the report said. Although softening on the month, the pace of increase was solid overall.

The PMI value above 50 points is indicative of the business activity growth and the value below the said level flags its slowdown.