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

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

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Status

 
Latest Release
Dec 04, 2024
Actual
53.2
Previous
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
Russia S&P Global Services Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Dec 31, 2024 (Dec) 01:00     53.2
Dec 04, 2024 (Nov) 01:00 53.2   51.6
Nov 06, 2024 (Oct) 01:00 51.6   50.5
Oct 03, 2024 (Sep) 01:00 50.5   52.3
Sep 04, 2024 (Aug) 01:00 52.3   51.1
Aug 05, 2024 (Jul) 01:00 51.1   47.6

News

Analysis

Craig Erlam
Next Up, Jobs By Craig Erlam - Jul 31, 2022 2

Last week was action-packed and it’s not likely to ease up with attention now shifting from the Fed and the “technical recession” in the US to the labour market. Various officials...

Russian S&P Global Services PMI Discussion

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All Comments (2)
Alexander Gorskiy
Alexander Gorskiy Sep 04, 2024 2:55AM ET
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The growing PMI of Russia (recently) shows stabilization in terms of risks of global stability, that is actually good for the macro economy.
Den Denilson
Den Denilson Mar 03, 2022 2:01AM ET
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this indicator is very lagging... the current PMI in RUSSIA is surely below 50 (but it prints 52.1)
 
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