Tag: Russia economy
Russian Services Sector Posts Fastest Growth Since January, PMI Shows
Russia’s services sector expanded in December at its fastest pace since January, supported by a strong pickup in new orders, according to the latest...
Russia’s Services Sector Surges as New Orders Rebound
Russia’s services sector grew at a faster rate in November. The S&P Global Russia Services PMI Business Activity Index rose to 52.2, up from...
Russia’s services sector shrinks at sharpest rate since 2022, PMI data...
Russia’s services sector contracted sharply in September, posting its steepest decline since December 2022. The drop came as new orders fell, weighing heavily on...
Sberbank’s Gref Warns Russia Faces Recession Without Rate Cuts
Sberbank CEO Gref Warns Russia Risks Recession Without Deeper Rate Cuts
Sberbank CEO German Gref, one of Russia’s most influential bankers, warned on Thursday that...
Russian Services Sector Shows Stability in August with Employment Growth, PMI...
Russia’s services sector showed signs of stabilisation in August after two straight months of contraction, according to S&P Global. Employment grew at the fastest...
