The S&P Global Russia Services PMI stood at 51.3 in September 2026, unchanged from August’s six-month high, marking the second consecutive month of expansion. Output expanded, supported by a faster rise in new orders and successful marketing campaigns. However, the rate of growth remained below the series average. Employment declined for the eighth consecutive month as firms reduced staff by not replacing voluntary leavers, although the pace of job shedding was the weakest in four months. Meanwhile, backlogs of work continued to contract, indicating broadly unchanged levels of outstanding business. On the price front, input inflation eased to its slowest pace in 2026 so far and was below the historical trend. Meanwhile, selling prices rose as firms passed through higher costs to customers, though the rate of inflation eased to a three-month low. Looking ahead, business confidence ticked down from August and moved further below the long-run average. source: S&P Global

Services PMI in Russia remained unchanged at 51.30 points in September. Services PMI in Russia averaged 51.79 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 remained unchanged at 51.30 points in September. 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.



Related Last Previous Unit Reference
Business Confidence -0.50 -1.00 points Sep 2026
Capacity Utilization 62.00 62.00 percent Sep 2026
Car Production 62.60 65.80 Thousand Units Aug 2026
Changes in Inventories 1604.40 1248.10 RUB Billion Mar 2026
Corporate Profits 13028.00 11297.60 RUB Billion Jul 2026
Corruption Index 22.00 22.00 Points Dec 2025
Corruption Rank 157.00 154.00 Dec 2025
Industrial Production YoY -0.60 0.40 percent Aug 2026
Industrial Production Mom -0.60 1.40 percent Aug 2026
Manufacturing Production -0.50 2.40 percent Aug 2026
Mining Production -1.30 -2.60 percent Aug 2026
Steel Production 5500.00 5700.00 Thousand Tonnes Aug 2026
Vehicle Sales YoY 126542.00 116220.00 Units Sep 2026


Russia Services PMI
The Markit Russia Services PMI is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 300 private service sector companies. The Index tracks variables such as sales, employment, inventories and prices. An index reading above 50 indicates an overall increase in that variable, below 50 an overall decrease. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Russia Services PMI Holds at 6-Month High
The S&P Global Russia Services PMI stood at 51.3 in September 2026, unchanged from August’s six-month high, marking the second consecutive month of expansion. Output expanded, supported by a faster rise in new orders and successful marketing campaigns. However, the rate of growth remained below the series average. Employment declined for the eighth consecutive month as firms reduced staff by not replacing voluntary leavers, although the pace of job shedding was the weakest in four months. Meanwhile, backlogs of work continued to contract, indicating broadly unchanged levels of outstanding business. On the price front, input inflation eased to its slowest pace in 2026 so far and was below the historical trend. Meanwhile, selling prices rose as firms passed through higher costs to customers, though the rate of inflation eased to a three-month low. Looking ahead, business confidence ticked down from August and moved further below the long-run average.
2026-10-05
Russia Services Sector Returns to Growth
The S&P Global Russia Services PMI increased to 51.3 in August 2026 from 49.0 in July, marking the first expansion in the sector since February. The growth was supported by rising business activity amid renewed growth in new sales and reports of stronger customer demand. Employment declined for the seventh consecutive month as firms reduced staffing levels amid subdued demand conditions, although the pace of job shedding was the weakest in three months. Meanwhile, backlogs of work continued to contract amid muted new order inflows. On the price front, input costs rose due to higher energy and transportation costs. However, inflation eased to its joint-weakest level in 2026 so far and remained below the series average. Meanwhile, selling prices rose faster as firms sought to pass on higher costs to customers and protect margins. Looking ahead, business confidence improved to a five-month high on hopes of stronger demand and investment.
2026-09-03
Russia Services Contraction Eases in July
The S&P Global Russia Services PMI rose to 49.0 in July 2026 from 48.2 in June, but remained below the 50.0 threshold, signaling a fourth consecutive month of contraction. The latest reading marked the softest contraction in three months, as the decline in business activity eased amid a slower fall in new business inflows. Demand conditions remained weak, with firms citing subdued demand and lower customer purchasing power weighing on sales. New orders fell for the fourth straight month, although the pace of decline eased to the weakest since April. Employment declined for the sixth consecutive month as firms reduced staffing levels, though the pace of job shedding softened from June. On the price front, input cost inflation accelerated due to fuel shortages and higher transportation costs, prompting firms to raise output charges faster. Lastly, business confidence improved to a three-month high on hopes of stronger demand and investment, but remained below its long-run average.
2026-08-05