The Russian service sector logged a renewed downturn in September amid a sharp decline in new orders, survey results from S&P Global showed on Friday.The services purchasing managers' index, or PMI, dropped to 47.0 in September from 50.0 in August. Any reading below 50 indicates contraction, while a score above 50 suggests expansion in the sector.New orders declined at the fastest pace since Decem...
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.