Stability after shrinkage and increased employment

A report of the company “S&P Global” showed that the service sector in Russia settled in August after two months of contraction, with the fastest recruitment rate of employment since February 2025.
Economic activity The purchasing manager index for business activity in the services sector has increased to 50.0 points in August compared to 48.6 points in July, where reading above 50 indicates growth, and reading below is to contraction. Despite the continued decline in new requests, the frequency of decline was slight compared to the sharp decline in July, which helped the stability of production. Service companies ’residences by increasing employment to expect future sales growth, although the increase was limited but it is the fastest since February, which helped companies deal with the accumulation of businesses. Inflation and prices declined inflationary pressures, as the input prices rose at the slowest pace in more than five years, Supported by the exchange rate moves. On the other hand, companies raised the prices of their services at a faster pace to pass the costs to customers. Optimism and stability of business optimism existing, but it fell to the second lowest level since July 2023, relying on hopes for improved demand and expanding the markets. The Singing Sector is a separate survey that showed the continued decline in the activity of the Russian manufacturing sector for the third month in a row in August, affected by the decrease in production and new requests.