Russia's factory activity contracted at the weakest pace in three months amid a renewed increase in output levels, survey results from S&P Global showed on Monday.The manufacturing purchasing managers' index, or PMI, rose to 48.8 in May from 48.1 in April. Nonetheless, any reading below 50 indicates contraction.The overall downturn was attributed to further declines in new sales due to weak client...
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.