ACC CAB rises at slower rate in October

ACC CAB rises at slower rate in October
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30.10.2020

MOSCOW (MRC) -- ACC's chemical activity barometer (CAB), a leading economic indicator and composite of industry activity, rose 0.9% in October on a three-month moving average (3MMA) basis, reported Chemweek. This is significantly smaller than the 1.5% increase in September, and a 2.6% gain in August, indicating a continued economic recovery, albeit at a slower pace."With six consecutive

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