PMI reached second highest level in survey’s history at 56.5. Output growth and job creation were both at the fastest rates ever, encouraged by strong increases in new domestic and export orders. This should ensure strong production activity in December. In 11M 2018, IIP of the manufacturing sector surged 12.2% YoY, contributing 9.5 percentage points to overall IIP growth of 10.1% YoY. Consumption to accelerate ahead of the New Year’s holiday. Total retail sales of consumer goods and services hi