Russia's services PMI slips further into the red with a 47.6 contraction as consumption growth runs its course
![Russia's services PMI slips further into the red with a 47.6 contraction as consumption growth runs its course](https://d39raawggeifpx.cloudfront.net/styles/16_9_desktop/s3/articleimages/PMI_0_1719992693.png)
The seasonally adjusted S&P Global Russia Services PMI Business Activity Index was a disappointing 47.6 in June, down from 49.8 in May, and falls further below the 50 no-change benchmark.