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Why Russia’s Services PMI Weakened in May 2018

Sarah Sands
Why Russia’s Services PMI Weakened in May 2018

According to a report by Markit Economics, Russia’s service PMI weakened in May as compared to April. It stood at 54.1 in May as compared to 55.5 in April. The PMI figure didn’t beat the preliminary market expectation of 54.5.