FOREX TradingCharts.com

Financial News: Russia Services Growth Strongest In A Year

Russia Services Growth Strongest In A Year

11/06/2019 - 10:00:00 (RTTNews)

(RTTNews) - Russia's services sector expanded at the fastest pace in a year in October, amid gains in output, new business and employment, survey data from IHS Markit showed on Wednesday.

The services Purchasing Managers' Index increased to 55.8 in October from 53.6 in September. Economists had forecast a score of 52.8.

Any score above 50 indicates expansion. The rate of activity growth improved for the third month running.

New business rose for the fourth month in a row in October, at the fastest pace since March. Orders from abroad increased at the fastest rate in five months.

Employment accelerated for the second straight month in October and at the fastest since February. Backlogs of work declined at the weakest rate since May.

On the price front, input price inflation slowed to the softest since early-2018, while the output charges increased, but at a slower pace.

The positive sentiment reached the highest level in five months in October, but remained slightly below the series average.

The composite output index increased to 53.3 in October from 51.4 in the previous month.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Leading Economic Index Drops For Third Straight Month In October (07 hr(s), 38 min(s), 08 sec(s) ago)
(RTTNews) - A report released by the Conference Board on Thursday showed a modest decrease by its ...Full Story»

U.S. Existing Home Sales Jump More Than Expected In October (08 hr(s), 0 min(s),08 sec(s) ago)
(RTTNews) - Existing home sales in the U.S. rebounded by more than expected in the month of Octobe ...Full Story»

S. Africa Central Bank Holds Rate Steady Again (08 hr(s), 51 min(s), 08 sec(s) ago)
(RTTNews) - South Africa's central bank left its key interest rate unchanged for a second cons ...Full Story»

Growth In Philadelphia Manufacturing Re-Accelerates More Than Expected (09 hr(s), 05 min(s), 08 sec(s) ago)
(RTTNews) - After reporting a continued slowdown in the pace of growth in regional manufacturing a ...Full Story»

Belgium Consumer Confidence Improves For Second Month (09 hr(s), 14 min(s), 08 sec(s) ago)
(RTTNews) - Belgium's consumer confidence improved for a second consecutive month to its highe ...Full Story»

U.S. Weekly Jobless Claims Unchanged At Five-Month High (09 hr(s), 16 min(s), 08 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing first-time claims for U.S. ...Full Story»

ECB Minutes Reveal 'Strong Call' For Unity Among Policymakers (09 hr(s), 26 min(s), 08 sec(s) ago)
(RTTNews) - The need for unity among Governing Council members was stressed during the final polic ...Full Story»

Philly Fed Index Rebounds More Than Expected In November (09 hr(s), 42 min(s), 08 sec(s) ago)
(RTTNews) - After reporting a continued slowdown in the pace of growth in regional manufacturing a ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Leading Economic Index Drops For Third Straight Month In October

11/21/2019 - 10:47 AM (RTTNews)
(RTTNews) - A report released by the Conference Board on Thursday showed a modest decrease by its ...Full Story>>

U.S. Existing Home Sales Jump More Than Expected In October

11/21/2019 - 10:25 AM (RTTNews)
(RTTNews) - Existing home sales in the U.S. rebounded by more than expected in the month of Octobe ...Full Story>>

S. Africa Central Bank Holds Rate Steady Again

11/21/2019 - 09:34 AM (RTTNews)
(RTTNews) - South Africa's central bank left its key interest rate unchanged for a second cons ...Full Story>>

Growth In Philadelphia Manufacturing Re-Accelerates More Than Expected

11/21/2019 - 09:20 AM (RTTNews)
(RTTNews) - After reporting a continued slowdown in the pace of growth in regional manufacturing a ...Full Story>>

Belgium Consumer Confidence Improves For Second Month

11/21/2019 - 09:11 AM (RTTNews)
(RTTNews) - Belgium's consumer confidence improved for a second consecutive month to its highe ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.