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Russian manufacturing PMI contracts at slower pace but VAT hike fuels sharp rise in inflation

Summary by intellinews.com
Russia’s manufacturing sector remained underwater in January, but the declines were at the slowest pace in eight months, according to S&P Global’s latest Purchasing Managers’ Index (PMI) data.

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intellinews.com broke the news in Berlin, Germany on Monday, February 2, 2026.
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