Russia services activity grows at slowest pace in 10 months -PMI

Russia services activity grows at slowest pace in 10 months -PMI By Reuters – Canada Boosts

© Reuters. FILE PHOTO: Clients sit at tables in Parka Bar in Moscow, Russia November 12, 2020. REUTERS/Evgenia Novozhenina/File Picture (Reuters) – Exercise in Russia’s providers sector grew at its slowest tempo in 10 months in November, a enterprise survey confirmed on Tuesday, as new home and export enterprise development eased and corporations grappled with…

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PCE index, Fed's favorite inflation gauge, rose at slowest rate since 2020

PCE index, Fed’s favorite inflation gauge, rose at slowest rate since 2020 – Canada Boosts

The Federal Reserve’s most popular inflation measure cooled final month, the most recent signal that worth pressures are waning within the face of excessive rates of interest and moderating economic growth. Thursday’s report from the Commerce Division stated costs have been unchanged from September to October, down from a 0.4% rise the earlier month. In…

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