Russian Services Gauge Tops Forecasts as Upturn Reaches 5 Months

  • Markit’s Russian services index exceeds all forecasts in poll
  • Stronger domestic demand would bolster recovery from recession

A gauge tracking Russian service industries from restaurants to telecommunications grew more than forecast by economists, expanding for a fifth month as new business surged at the strongest pace in almost a year.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.