Weak performance. Russia’s services purchasing managers’ index fell to 50.5 points in September from 52.3 in August. Though not quite in contraction territory, it is still at a three-month low amid weak consumer demand and declining job creation numbers. Russia’s manufacturing PMI also fell last month, to 49.5. Changing hands. The U.K. on Thursday agreed […]
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Daily Memo: More Signs of Trouble for Russia’s Economy
Its services sector showed disappointing results last month.
