Originally appeared at RussiaFeed.com
MOSCOW (Sputnik) – Net capital outflow from Russia in January-July 2017 rose 1.5 times to $13.1 billion compared to $8.8 billion in the same period last year, the Bank of Russia said Wednesday.
This article first appeared on Russia Feed.
Further confirmation that the Russian economy is now in a condition of steady growth came from the latest survey by IHS Markit, which showed manufacturing PMI (Purchasing Managers’ Index) in July rising to a six month high of 52.7.
To those unfamiliar with the concept of PMI here is how IHS Markit explains it
