The S&P Global Russia Services PMI Business Activity Index fell to 50.1 in October 2026 from 51.3 in September, marking its lowest reading since April. The slowdown reflected weaker demand, as new orders declined for the first time in three months amid fewer clients and pressure on customer budgets. Employment returned to growth, ending an eight-month period of job shedding, although the pace of hiring remained marginal and below the historical average. Meanwhile, backlogs of work continued to decline, falling in six of the past seven months. On the price front, input cost inflation accelerated for the first time in three months, with expenses rising sharply, although the pace remained below its long-run trend. Selling prices increased at the fastest rate in eight months as firms passed higher costs on to customers. Looking ahead, business confidence weakened for the second consecutive month, falling below the 2026 average and historical trend amid continued economic uncertainty. source: S&P Global
Services PMI in Russia decreased to 50.10 points in October from 51.30 points in September of 2026. Services PMI in Russia averaged 51.78 points from 2010 until 2026, reaching an all time high of 58.50 points in July of 2020 and a record low of 12.20 points in April of 2020. This page provides the latest reported value for - Russia Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Services PMI in Russia decreased to 50.10 points in October from 51.30 points in September of 2026. Services PMI in Russia is expected to be 50.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Services PMI is projected to trend around 52.20 points in 2027 and 52.50 points in 2028, according to our econometric models.