Breaking News

Russia S&P Global Services Purchasing Managers Index (PMI)

Latest Release

Dec 04, 2024

Actual

53.2

51.6

The Russian HSBC Services PMI is compiled by questionnaires sent to purchasing executives in private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy. The HSBC Services PMI Index is developed for providing the most up-to-date possible indication of what is really happening in the private sector economy by tracking variables such as sales, employment, inventories and prices.
A higher than expected reading should be taken as positive/bullish for the RUB , while a lower than expected reading should be taken as negative/bearish for the RUB.

Importance:

Country:

Currency: RUB

Source: S&P Global

Release Date	Time	Actual	Previous
Dec 04, 2024 (Nov)	06:00	53.2	51.6
Nov 06, 2024 (Oct)	06:00	51.6	50.5
Oct 03, 2024 (Sep)	06:00	50.5	52.3
Sep 04, 2024 (Aug)	06:00	52.3	51.1
Aug 05, 2024 (Jul)	06:00	51.1	47.6
Jul 03, 2024 (Jun)	06:00	47.6	49.8

News

Russian services expansion loses momentum in September - PMI By Reuters - Oct 05, 2020

MOSCOW (Reuters) - Russian service sector activity grew in September, though at a slower rate than in August, as the economic recovery after coronavirus lockdowns lost some momentum, a business survey...

Russian services sector PMI rises to 10-month high in November By Reuters - Dec 05, 2017

MOSCOW, (Reuters) - Activity in Russia's services sector grew in November at the fastest rate since January thanks to a sharp increase in new business, a survey showed on Tuesday. The Markit...

Russia May services PMI rises, indicates recovery By Reuters - Jun 03, 2015

MOSCOW (Reuters) - Russia's service sector activity expanded in April for the second month in row, growing at the fastest rate in 17 months thanks to a strengthening of demand and orders, the...

Analysis

Global Economic Growth Slows Sharply As Delta Variant Hits Businesses By Chris Williamson - Sep 07, 2021

Global economic growth slowed to the lowest since January in August as the spread of the COVID-19 Delta variant disrupted activity around the world, led by a renewed downturn in the emerging...

Global Growth Slows Further In December As COVID-19 Infections Rise By Chris Williamson - Jan 07, 2021

Global PMI shows further loss of growth momentum Weaker service sector expansion, with falling cross-border trade, counters further robust manufacturing growth Upturn led by US, China, India and...

Russian Interest Rates Fall Following Sustained Drop In Inflation By Chris Williamson - Feb 21, 2018

Central Bank of Russia cuts its key interest rate to 7.5% in February, the lowest since mid-2014 PMI surveys indicate that inflationary pressures remain subdued Official inflation rate drops to 2.2%...

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