The PMI services sector of the Russian Federation in December fell to 47.8 per item


Moscow. December 31. Business activity in the services sector of the Russian Federation in December continued to fall for the third month in a row, according to research from Markit.

The PMI ® Russian service in December 2015 amounted to 47.8 points against 49.8 per item in November. The December PMI of service sector of Russia, and in October, was the lowest reading since March of the current year.

The aggregate output index that tracks activity in manufacturing, and in services of the Russian Federation, in December was also below the critical level and amounted to 47.8 points against 50.5 points in November.

As noted in the review, the value of the index above 50 points indicates growth of business activity, and below this level – its decline.