Russia's service sector activity deteriorated for the second straight month in April amid a renewed fall in new business, survey results from S&P Global showed on Wednesday.
The services purchasing managers' index, or PMI, rose to 49.7 in April from 49.5 in March. Nonetheless, any score below 50 suggests contraction in the sector.
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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.