Markit: Russias Services PMI rises to 55.5 points in April - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Markit: Russias Services PMI rises to 55.5 points in April

MOSCOW, May 7 (PRIME) -- Russias Services Purchasing Managers Index (PMI) rose to 55.5 points in April from 53.7 points in March, researcher Markit said in a statement on Monday.

The index was above the 50 no-change mark, which signified an overall expansion.

Following a slowdown at the end of the first quarter of 2018, April survey data signaled a strong start to the second quarter across the Russian service sector. Rates of business activity and new order growth picked up and the pace of job creation was solid overall, Sian Jones, economist at HIS Markit, said.

Meanwhile, inflationary pressures intensified. Rates of both input price and output charge inflation accelerated markedly and reached multi-year peaks.

Markits Russia Composite Output Index that covers both manufacturing and services sectors rose to 54.9 in April from 53.2 in March. The latest overall increase in output was strong and driven by faster expansions in both the manufacturing and service sectors.

New business received by Russian service providers continued to increase in April, with the pace of growth quickening from an eight-month low in March. Panelists attributed the rise in new orders to greater client demand and the acquisition of new customers.

For further details, see the researchers statement on its official website:

https://www.markiteconomics.com/Survey/PressRelease.mvc/fbc0e4d5504849cabaddbaee079058d3

End

07.05.2018 09:55
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 75.1483 -0.0342 22 nov
USD 65.9485 +0.3614 22 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1127.42 +0.95 18:50 21 nov
micex 2357.97 +0.70 18:50 21 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 152.40 +0.59 18:49 21 nov
lkoh 4800.00 -0.20 18:49 21 nov
rosn 411.85 -0.41 18:49 21 nov
sber 197.50 +1.69 18:49 21 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 75.1800 +0.2075 14:59 21 nov
USDTD 65.8250 +0.0775 17:44 21 nov