S&P Global Services PMI

Actual
51.1
Previous
55.8
Forecast

The PMI service released by the S&P Global is an indicator of the economic situation in the Russian Federation services sector. It captures an overview of the condition of sales and employment.   Any reading above 50 signals expansion, while a reading under 50 shows contraction. Usually a result above 50 is bullish for the Ruble, whereas a result below 50 is seen as bearish.

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