Russia's factory activity contracted at the fastest pace in this year so far amid weaker demand conditions, survey results from S&P Global showed on Monday.
The manufacturing purchasing managers' index, or PMI, dropped to 48.1 in April from 48.3 in March. Any reading below 50 indicates contraction.
The downturn was attributed to further declines in output, new orders, and employment, with the latter falling at the quickest pace in four years.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.