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The seasonally adjusted S&P Global Russia Services PMI Business Activity Index registered 52.3 midway through the third quarter, up from 51.1 in July the consultant reported on September 4. (chart) “The latest data indicated a moderate expansion in output at Russian service providers, and one that was the quickest since January. Greater activity was commonly linked to stronger client demand and an associated upturn in new business,” S&P Global said. Services performed better than the seasonally adjusted S&P Global Russia manufacturing PMI, which slowed to 52.1 in August, down from 53.6 in July…

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