Market Vectors® Russia Small-Cap ETF
Why Is Russia’s Services PMI Weakening Gradually?
The Russia Services PMI has been weakening gradually since April. It was 52.3 in June compared to 54.1 in May.
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.
Why Russia’s Services PMI Rose in April
Russia’s services PMI rose sequentially in April. It was 55.5 in April compared to 53.5 in March.
Why Russia’s Service Activity Weakened in March
According to Markit Economics, Russia’s service PMI (purchasing managers’ index) fell in March, to 53.5 from 56.5 in February.
What Helped Russia’s Services PMI See Strong Gains in February?
Russia’s service PMI (purchasing managers’ index) improved strongly in February 2018.
Russia’s Service Activity Decline: A Cause for Concern?
Russia’s service activity in January 2018 According to Markit Economics, Russia’s service PMI (purchasing managers’ index) has been declining gradually since November 2017. It fell to 55.1 in January 2018 from 56.8 in December 2017, missing the market expectation of 56. The decline in Russia’s service PMI in January was mainly due to the following: production output […]
Why Russia’s Service Sector Strengthened in November 2017
Russia’s service sector in November According to a report by Markit Economics, Russia’s service PMI (purchasing managers’ index) showed a solid improvement in November 2017, rising to 57.4 from 53.9 in October. The figure beat the market expectation of 55.0 and marked the highest rise since January 2017. The strong improvement in Russia’s service PMI […]
How Russia’s Services PMI Trended in October 2017
According to a report by Markit Economics, the final Russia Services PMI (purchasing managers’ index) fell in October 2017 as compared to September.
Russia’s Services PMI Improves: A Stronger Business Climate?
The final Russia Services PMI (Purchasing Managers’ Index) was 55.2 in September 2017 compared to 54.2 in August 2017.
Why Russia’s economic weakness is hurting producers
Currency depreciation and Russia’s commodities Several Russian firms reported that the weak ruble increased the prices of imports, also increasing costs. Most global commodities are priced in U.S. dollars. Since recently, the dollar has strengthened. Given hopes of tapering at the next FOMC (Federal Open Mark Committee) meeting, local emerging market currencies have depreciated versus […]
Why Russia’s profitability margins are under pressure
Russia’s inflation On the prices side of the PMI survey, Russian inflation continued increasing both in the inputs (cost) side as well as in the outputs (prices charged) side. However, the increase in costs was once again faster than the prices charged rate of increase, which leads to margin squeezes. On seasonally adjusted terms, costs […]
Russia’s PMI grim picture getting worse, but some see hope
Several worsening conditions lead Russia’s PMI closer to the 50 point neutral line. The PMI index is a closely followed leading indicator of a country’s manufacturing sector which can offer insight into the economy’s overall economic cycle. Russia’s PMI for last month was weak and this month’s data continued the gloom and doom. The PMI is now at […]
Russia continues to flirt with neutral growth
The latest PMI figures for Russia fell to a four-month low of 50.6, though consumer goods sectors continues to grow at a slow pace Purchasing Managers Indices (PMIs) are monthly surveys that gauge the performance and expectations of several indicators along the production logistics chain. They are useful leading indicators that can offer insight into […]