India, Aug. 5 -- Russia's services activity deteriorated at the slowest pace in three months in July, survey results from S&P Global showed on Wednesday.
The services purchasing managers' index, or PMI, rose to 49.0 in July from 48.2 in June. Nonetheless, any score below 50 suggests contraction in the sector.
The overall downturn in July was linked to weak client demand and a further decline in new business inflows, which fell for the fourth successive month. However, the rate of decline in new orders was the slowest in three months.
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