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Russia services PMI returns to growth in August at 51.3

Russia’s services sector returned to growth in August, with S&P Global’s Russia Services PMI Business Activity Index rising to 51.3 from 49.0. Survey cited stronger customer demand, renewed output growth and new sales.

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Russia's services sector returned to growth in August for the first time in six months, helped by renewed increases in output and new sales amid stronger customer demand, a business survey showed on Thursday.The S&P Global Russia Services PMI Business Activity Index rose to 51.3 in August from 49.0…