Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
RussiaRussia S&P Global Services PMI climbed to 51.3 Points in August 2026
FMPMonthlyReleased September 2026
Russia S&P Global Services PMI climbed to 51.3 Points in August 2026, released September 2026, up 2.3 Points from July's 49 Points reading. The print exceeded the 48.8 Points consensus by 2.5 Points.
Latest Release
51.300000
Actual
48.800000
Consensus
49.000000
Previous
Median Absolute Error
±1.83
across last 12 releases
Last Call
Sep 2026
Predicted: 49.15
Actual: 51.3
Error: -2.15
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.42 | INDEX | Moves against | → View |
| EUR/USD | ▲ Direct | +0.35 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P Global Services PMI (Russia) was reported at 51.30 Points in August 2026. This beat the market consensus of 48.80 Points by 2.50 Points. The reading rose from the previous value of 49.00 Points. Over the past 12 months, the indicator has averaged 50.61 Points, ranging from 47.00 Points to 53.10 Points across 10 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 49.67 Points, down from the prior three at 51.30 Points. Volatility over the past year (σ 1.85 Points) is comparable than the prior year (σ 1.70 Points). In September readings over the past 3 years, S&P Global Services PMI has averaged 51.20 Points.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 1.83 Points.
WHAT TO WATCH NEXT
The next release is scheduled for October 5, 2026. Same-country events in the next 14 days include Unemployment Rate (Sep 30) and Gross Domestic Product YoY (Sep 30).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
SHARE
S&P Global Services PMI - RU
Loading chart data...
About S&P Global Services PMI — Russia
DEFINITION
The S&P Global Services PMI is a widely recognized financial indicator that measures the performance of the global services sector. It provides valuable insights into the health and growth of the services industry, which accounts for a significant portion of the global economy. This indicator is based on a monthly survey of purchasing managers in key service sectors, providing timely and reliable data on business activity, new orders, employment, and prices. The S&P Global Services PMI is a crucial tool for investors, businesses, and policymakers in making informed decisions and assessing the overall economic outlook.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 51.3 Points, consensus 48.8 Points. Prior reading (Jul 2026): 49 Points. Before that (May 2026): 48.7 Points.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bearish S&P 500, r=-0.42) — a useful reference for index-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - RU Events
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 16:00 | RU | Producer Price Index YoY | 6.5 | 6.6 | 4.5 | 5.50 | Low |
| 16:00 | RU | Producer Price Index MoM | 0.9 | -2.5 | -0.9 | 0.00 | Low |