Russian services PMI index rises to 51.6 points in October

Business & Economy November 06, 9:49

The PMI value above 50 points is indicative of the business activity growth and the value below that level flags its slowdown

MOSCOW, November 6. /TASS/. The Russian service sector business activity index (PMI) rose to 51.6 points in October 2024 against 50.5 points in September, S&P Global reported.

According to the report, this indicates a modest but more significant increase in production volumes in Russian service sector companies.

The PMI value above 50 points is indicative of the business activity growth and the value below that level flags its slowdown.

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