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Barley Risotto and Kimchi: A Culinary Crossroads| SaltWire #food #cookingshorts #kimchiMOSCOW - Activity in Russia's manufacturing sector expanded at the fastest rate in nearly 18 years in March, a business survey showed on Monday, as new export business grew for the first time in five months.
Moscow is spending particularly heavily on manufacturing, pouring cash into the defence sector to ramp up military production. The defence industry spurred sharper than forecast growth in industrial production in February, data showed last week."Greater foreign client demand reportedly stemmed from expansion into new export markets and new client wins," S&P Global said in a statement, also pointing to the knock-on effect on employment.
Vendor performance declined further in March, S&P Global said, with logistics delays and slower deliveries via rail transportation the key factors driving the deterioration.
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