Russia Composite PMI Drops to Near 3-Year Low
2025-08-05 06:10
By
Farida Husna
1 min. read
The S&P Global Russia Composite PMI fell to 47.8 in July 2025 from 48.5 in the previous month, marking the lowest reading since October 2022 and the third monthly decline so far this year.
The drop reflected sharper contractions in both manufacturing and services output.
New orders shrank at the fastest pace in two and a half years, with steep declines in demand across both sectors.
On a positive note, overall employment rose, driven by renewed hiring in services, while job losses in manufacturing eased.
On the price front, input cost and output charge inflation remained historically subdued, reflecting relatively weak cost pressures.
Looking ahead, business confidence edged higher and remained strong by historical standards.