The IHS Markit Russia Composite PMI increased to 56.2 in May 2021 from 54.0 a month earlier, signaling a fastest expansion in private sector business activity since last August. The upturn was broad based and led by service providers. The rate of increase accelerated to the steepest for nine months, as manufacturers indicated a renewed upturn that was aided by a boost to new export sales. Contributing to the upturn in output was a stronger increase in new orders received by private sector companies. At the same time, job creation accelerated to the quickest pace for a decade. Meanwhile, backlogs continued to contract solidly. On the price front, input price inflation accelerated due to higher supplier price hikes and greater fuel costs, while output continued to rise. Lastly, business confidence deteriorated source: Markit Economics

Composite PMI in Russia averaged 51.20 points from 2013 until 2021, reaching an all time high of 58.30 points in January of 2017 and a record low of 13.90 points in April of 2020. This page provides - Russia Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Composite PMI - values, historical data and charts - was last updated on June of 2021.

Composite PMI in Russia is expected to be 53.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite PMI in Russia to stand at 53.20 in 12 months time. In the long-term, the Russia Composite PMI is projected to trend around 52.10 points in 2022 and 52.90 points in 2023, according to our econometric models.

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Russia Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
56.20 54.00 58.30 13.90 2013 - 2021 points Monthly
SA

Russia Business Last Previous Highest Lowest Unit
Business Confidence 0.30 0.00 7.00 -20.00 points [+]
Services PMI 57.50 55.20 58.50 12.20 points [+]
Manufacturing PMI 51.90 50.40 54.70 31.30 points [+]
Industrial Production 7.20 2.30 17.70 -16.90 percent [+]
Industrial Production Mom -4.50 13.50 24.40 -20.60 percent [+]
Manufacturing Production 14.20 5.40 27.10 -28.10 percent [+]
Capacity Utilization 60.00 60.00 66.65 38.00 percent [+]
Changes in Inventories -202.00 1400.60 1827.40 -1159.60 RUB Billion [+]
Total Vehicle Sales 147378.00 151964.00 291020.00 38922.00 Units [+]
Car Production 146.50 125.30 187.00 18.20 Thousand Units [+]
Car Registrations 151964.00 148676.00 291020.00 38922.00 [+]
Leading Economic Index 10.70 0.80 10.70 -11.80 percent [+]
Internet Speed 11846.17 11607.38 12288.46 1909.63 KBps [+]
IP Addresses 19163474.00 19200437.00 19200437.00 2137082.00 IP [+]
Mining Production -1.80 -4.60 10.80 -14.20 percent [+]
Steel Production 6500.00 6600.00 6804.00 3130.00 Thousand Tonnes [+]
Cement Production 3.89 2.69 7.61 1.60 Millions of Tonnes [+]
Competitiveness Index 66.74 65.62 66.74 4.13 Points [+]
Competitiveness Rank 43.00 43.00 67.00 43.00 [+]
Composite PMI 56.20 54.00 58.30 13.90 points [+]
Bankruptcies 2321.00 2467.00 3770.00 1103.00 Companies [+]
Corruption Index 30.00 28.00 30.00 21.00 Points [+]
Corruption Rank 129.00 137.00 154.00 47.00 [+]
Corporate Profits 4990.30 3116.10 16241.90 -224.00 RUB Billion [+]
Ease of Doing Business 28.00 31.00 124.00 28.00 [+]


Russia Composite PMI
In Russia, the Markit Russia Composite Output Index tracks business trends across private sector activity, based on data collected from a representative panel of around 300 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining.