Russia’s S&P Global Composite PMI rose to 49.6 in July 2026 from 48.9 in the prior month, marking the highest reading since February. However, the index remained below the 50 threshold for a fifth straight month, signaling that private-sector activity continued to contract. The manufacturing sector remained the brighter spot, with output and new orders expanding, while service providers reported further declines in business activity and new sales. Weak demand also prompted firms to cut staffing levels across both sectors, extending the downturn in employment. On the price front, input cost inflation accelerated, partly driven by fuel shortages, prompting companies to pass on some of the higher operating expenses through faster increases in selling prices. Meanwhile, business confidence stayed subdued as firms cited soft demand, weaker client purchasing power, and uncertainty over the near-term outlook, limiting expectations for a meaningful recovery. source: S&P Global

Composite PMI in Russia increased to 49.60 points in July from 48.90 points in June of 2026. Composite PMI in Russia averaged 51.12 points from 2013 until 2026, 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.

Composite PMI in Russia increased to 49.60 points in July from 48.90 points in June of 2026. Composite PMI in Russia is expected to be 49.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Composite PMI is projected to trend around 51.60 points in 2027 and 52.00 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Business Confidence -1.20 -2.10 points Jul 2026
Capacity Utilization 62.00 62.00 percent Jul 2026
Car Production 77.90 51.60 Thousand Units Jun 2026
Changes in Inventories 1604.40 1248.10 RUB Billion Mar 2026
Corporate Profits 11300.00 8850.00 RUB Billion May 2026
Corruption Index 22.00 22.00 Points Dec 2025
Corruption Rank 157.00 154.00 Dec 2025
Industrial Production YoY 0.60 -0.70 percent Jun 2026
Industrial Production Mom -0.70 -1.60 percent Jun 2026
Manufacturing Production 2.60 0.50 percent Jun 2026
Mining Production -2.40 -2.70 percent Jun 2026
Steel Production 5600.00 5600.00 Thousand Tonnes Jun 2026
Vehicle Sales YoY 124416.00 110669.00 Units Jun 2026


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. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Russia Composite PMI Rises to Five-Month High
Russia’s S&P Global Composite PMI rose to 49.6 in July 2026 from 48.9 in the prior month, marking the highest reading since February. However, the index remained below the 50 threshold for a fifth straight month, signaling that private-sector activity continued to contract. The manufacturing sector remained the brighter spot, with output and new orders expanding, while service providers reported further declines in business activity and new sales. Weak demand also prompted firms to cut staffing levels across both sectors, extending the downturn in employment. On the price front, input cost inflation accelerated, partly driven by fuel shortages, prompting companies to pass on some of the higher operating expenses through faster increases in selling prices. Meanwhile, business confidence stayed subdued as firms cited soft demand, weaker client purchasing power, and uncertainty over the near-term outlook, limiting expectations for a meaningful recovery.
2026-08-05
Russia Composite PMI Lowest in 3 Months
Russia’s S&P Global Composite PMI edged down to 48.9 in June 2026 from 49.2 in the previous month, marking the lowest reading since March and signaling a fourth consecutive month of contraction in private-sector activity. The decline reflected continued weakness in the service sector, which more than offset a further expansion in manufacturing output. New orders fell again, driven by a sharper drop in services demand, while manufacturers reported broadly stable sales. Meanwhile, backlogs of work continued to decline, pointing to spare capacity across the private sector. In response, firms extended workforce reductions, with some citing cost-cutting measures. On the price front, both input costs and output charges continued to increase, but inflationary pressures eased further, with the pace of cost and selling price growth slowing to the weakest so far in 2026 across both manufacturing and services.
2026-07-03
Russia Composite PMI Inches Higher
Russia’s S&P Global Composite PMI edged up to 49.2 in May 2026 from 49.1 in the previous month, marking its highest reading since February. However, the latest result marked the third straight month of decline in private-sector activity. New orders shrank markedly across both the manufacturing and services sectors, as financial difficulties among clients weighed on demand. Firms further reduced staffing levels while backlogs of work fell at the sharpest pace in four years, reflecting reduced pressure on operating capacity. On the price front, inflation trends were mixed. While service providers reported a further easing in cost pressures from the elevated levels seen earlier in the year, a renewed acceleration in manufacturing input costs drove overall input price inflation higher. As a result, firms also raised output charges at a faster pace. Lastly, business confidence weakened.
2026-06-03