PMI COMP &SERV RUSSIA: POSITIVE IN SERVICES IS NO DIVER In October, Russia's PMI index, which characterized aggregate output in industry and services, fell to 50.0 compared to 50.8 points in September. Services: 50.1 vs. 51.3 a month earlier Manufacturing industry: 49.9 vs. 49.8 S&P A press release said: "The data show private sector activity in Russia after two months of moderate growth." The volume of new orders, which stabilized in September, began to decline again in October, and at the fastest rate in the last four months. According to industry data, the slowdown in orders in the manufacturing sector would have been offset by a resumption of the decline in sales in the service sector. In October, the number of employees showed a slight increase, interrupting an eight-month period of job cuts. This is due to an increase in service companies, while in the manufacturing sector the number of employees decreased slightly. At the same time, the volume of outstanding orders decreased at a noticeable rate, the fastest in the last three months. A slowdown in cost growth in the manufacturing sector was offset by a more intense increase in service spending, which led to a sharper increase in cumulative costs in October. At the same time, prices set by service providers rose significantly faster, which was the reason for the most significant increase in the complicated price index since January.

PMI COMP &SERV RUSSIA: POSITIVE IN SERVICES IS NO DIVER In October, Russia's PMI index, which characterized aggregate output in industry and services, fell to 50.0 compared to 50.8 points in September. Services: 50.1 vs. 51.3 a month earlier Manufacturing industry: 49.9 vs. 49.8 S&P A press release said: "The data show private sector activity in Russia after two months of moderate growth." The volume of new orders, which stabilized in September, began to decline again in October, and at the fastest rate in the last four months. According to industry data, the slowdown in orders in the manufacturing sector would have been offset by a resumption of the decline in sales in the service sector. In October, the number of employees showed a slight increase, interrupting an eight-month period of job cuts. This is due to an increase in service companies, while in the manufacturing sector the number of employees decreased slightly. At the same time, the volume of outstanding orders decreased at a noticeable rate, the fastest in the last three months. A slowdown in cost growth in the manufacturing sector was offset by a more intense increase in service spending, which led to a sharper increase in cumulative costs in October. At the same time, prices set by service providers rose significantly faster, which was the reason for the most significant increase in the complicated price index since January.