Russia

Russia’s services PMI stands at 51.3 in September

TASS English · 2026-10-05

AI SUMMARY

• What happened: Russia’s services PMI stands at 51.3 in September Russia’s services PMI stands at 51.3 in September An index reading above 50 points indicates an expansion in business activityMOSCOW, October 5. /TASS/. Russia’s Services Purchasing Managers’ Index (PMI) stood at 51.3 points in September 2026, unchanged from August, acc... • Why it matters: This update may be relevant for Cyprus residents, visitors, businesses or policymakers. • What to watch next: Follow CyprusDailyLife for updates.

Russia’s services PMI stands at 51.3 in September An index reading above 50 points indicates an expansion in business activityMOSCOW, October 5. /TASS/. Russia’s Services Purchasing Managers’ Index (PMI) stood at 51.3 points in September 2026, unchanged from August, according to an S&P Global survey. "The seasonally adjusted S&P Global Russia Services PMI Business Activity Index posted 51.3 in September, matching the reading recorded in August, to signal another modest upturn in service sector output levels. Greater activity was often linked to increased new orders and successful marketing campaigns. The rate of growth was below the series average, however," the report said. Operating expenses at service-sector companies increased. Nevertheless, the rate of input price inflation remained the lowest in 2026. At the same time, output charges at Russian service companies rose at a slower pace in September. An index reading above 50 points indicates an expansion in business activity, while a reading below that level indicates a slowdown. 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Source: TASS English
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