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New data S&P Global Services PMI (Jan)

2/5/2025

actual 54.6, previous 51.2

The event is the S&P Global Services PMI (Purchasing Managers' Index) for January, with a reported value of 54.6. This indicates an increase of 3.4 points from the previous month. The impact of this event is considered low. The data is specific to Russia (RU) and reported in Russian Ruble (RUB). The previous month's value was 51.2, and the estimated value for this month was 51. The actual value of 54.6 represents a 6.64% increase from the previous month and exceeded the estimated value. The Services PMI is a key economic indicator that provides insight into the performance of the services sector, reflecting business conditions and sentiment among purchasing managers.

This is not investment advice. Remember to verify the information provided here.

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