Russia's factory activity deteriorated for the fourth straight month in September amid a faster fall in new orders, survey results from S&P Global showed on Wednesday.The manufacturing purchasing managers' index, or PMI, dropped to 48.2 in September from 48.7 in August. Any reading below 50 indicates contraction.Among components, production levels were impacted by a faster fall in new orders, with...
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.