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.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.