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Russia’s Services PMI Edges Higher to 49 in July, But Contraction Persists

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FOMOGRAM Editorial Desk
Aug 8, 2026
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Russia’s Services PMI Edges Higher to 49 in July, But Contraction Persists
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BitcoinWorld Russia’s Services PMI Edges Higher to 49 in July, But Contraction Persists Russia’s S&P Global Services PMI rose to 49.0 in July, up from 48.2 in June, signaling a slower but continued contraction in the country’s services sector. The reading, released on [date of release if known, otherwise ‘this week’], remains below the neutral 50.0 threshold that separates expansion from contraction, indicating that business activity in services […] This post Russia’s Services PMI Edges Higher to 49 in July, But Contraction Persists first appeared on BitcoinWorld.

BitcoinWorld Russia’s Services PMI Edges Higher to 49 in July, But Contraction Persists Russia’s S&P Global Services PMI rose to 49.0 in July, up from 48.2 in June, signaling a slower but continued contraction in the country’s services sector. The reading, released on [date of release if known, otherwise ‘this week’], remains below the neutral 50.0 threshold that separates expansion from contraction, indicating that business activity in services […] This post Russia’s Services PMI Edges Higher to 49 in July, But Contraction Persists first appeared on BitcoinWorld.

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