FOREX TradingCharts.com

Financial News: Russia Services Growth Improves In August

Russia Services Growth Improves In August

09/05/2017 - 03:30:00 (RTTNews)

(RTTNews) - Russia's service sector growth improved in August after easing in the previous month, survey figures from IHS Markit showed Tuesday.

The Services Business Activity Index rose to 54.2 in August from July's 14-month low of 52.6. Any reading above 50 indicates expansion in the sector.

In August, growth in new orders at Russian service sector firms was faster than nine-month low in July

Despite this, backlogs increased only marginally. As a result, growth in workforce numbers eased from July to a marginal rate. The rise was the least marked in the current eight-month sequence of job creation.

The Composite PMI, which combines manufacturing and services, climbed to 54.2 in August from a ten-month low of 53.4 in July.

"IHS Markit currently forecasts GDP growth in 2017 of 1.6 percent, supported by solid expansions in both the manufacturing and service sectors," Sian Jones, Economist at IHS Markit, said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Consumer Confidence Deteriorates In September (01 hr(s), 53 min(s), 21 sec(s) ago)
(RTTNews) - A report released by the Conference Board on Tuesday showed a deterioration in U.S. co ...Full Story»

U.S. New Home Sales Unexpectedly Plunge 3.4% In August (02 hr(s), 0 min(s),21 sec(s) ago)
(RTTNews) - New home sales in the U.S. unexpectedly showed a sharp decrease in the month of August ...Full Story»

Mexico Jobless Rate Rises First Time In 9 Months (02 hr(s), 05 min(s), 21 sec(s) ago)
(RTTNews) - Mexico's unemployment rate rose for the first time in nine months in August, figur ...Full Story»

Philippine CB Unlikely To Change Policy Stance Soon: Capital Economics (03 hr(s), 52 min(s), 21 sec(s) ago)
(RTTNews) - The latest policy statement suggest that the Philippines central bank is likely to lea ...Full Story»

Correction: UK Budget Logs Lowest Deficit For August In 10 Years (05 hr(s), 07 min(s), 21 sec(s) ago)
(RTTNews) - Note: Correction from source The UK budget deficit decreased to its lowest Augus ...Full Story»

Hong Kong Trade Deficit Widens In August (06 hr(s), 33 min(s), 21 sec(s) ago)
(RTTNews) - Hong Kong's foreign trade deficit increased in August from a year ago, as imports ...Full Story»

UK Mortgage Approvals At 6-Month High (07 hr(s), 29 min(s), 21 sec(s) ago)
(RTTNews) - UK mortgage approvals increased to a six-month high in August, data published by the U ...Full Story»

Sweden PPI Inflation Slows In August (08 hr(s), 0 min(s),21 sec(s) ago)
(RTTNews) - Sweden's producer price inflation eased in August after accelerating in the previo ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Confidence Deteriorates In September

09/26/2017 - 10:29 AM (RTTNews)
(RTTNews) - A report released by the Conference Board on Tuesday showed a deterioration in U.S. co ...Full Story>>

U.S. New Home Sales Unexpectedly Plunge 3.4% In August

09/26/2017 - 10:22 AM (RTTNews)
(RTTNews) - New home sales in the U.S. unexpectedly showed a sharp decrease in the month of August ...Full Story>>

Mexico Jobless Rate Rises First Time In 9 Months

09/26/2017 - 10:17 AM (RTTNews)
(RTTNews) - Mexico's unemployment rate rose for the first time in nine months in August, figur ...Full Story>>

Philippine CB Unlikely To Change Policy Stance Soon: Capital Economics

09/26/2017 - 08:30 AM (RTTNews)
(RTTNews) - The latest policy statement suggest that the Philippines central bank is likely to lea ...Full Story>>

Correction: UK Budget Logs Lowest Deficit For August In 10 Years

09/26/2017 - 07:15 AM (RTTNews)
(RTTNews) - Note: Correction from source The UK budget deficit decreased to its lowest Augus ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.