Russia’s S&P Global Manufacturing PMI rose to 50.7 in July from 50.3 in June, signaling the strongest improvement in factory activity since January 2025. Output expanded at the quickest pace since January 2025, while new orders grew at the fastest rate since May 2025, supported by stronger domestic demand. Meanwhile, new export orders fell at the sharpest pace since October 2022. Employment declined further as firms continued not to replace voluntary leavers, though the pace of job shedding eased to a four-month low. Input cost and selling price inflation accelerated, as fuel shortages, transportation issues, and higher supplier costs pushed input cost inflation to its fastest pace since January 2026. Supplier delivery times lengthened to the greatest extent since February 2025 amid logistics disruptions, while firms increased purchasing activity to replenish stocks. Business confidence fell to its lowest level since May 2020 amid customer uncertainty and intensifying competition. source: S&P Global

Manufacturing PMI in Russia increased to 50.70 points in July from 50.30 points in June of 2026. Manufacturing PMI in Russia averaged 50.30 points from 2011 until 2026, reaching an all time high of 55.70 points in March of 2024 and a record low of 31.30 points in April of 2020. This page provides the latest reported value for - Russia Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Manufacturing PMI in Russia increased to 50.70 points in July from 50.30 points in June of 2026. Manufacturing PMI in Russia is expected to be 50.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Manufacturing PMI is projected to trend around 50.30 points in 2027 and 50.20 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 Manufacturing PMI
The S&P Global Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 300 manufacturing companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. 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 Manufacturing Growth Hits 18-Month High
Russia’s S&P Global Manufacturing PMI rose to 50.7 in July from 50.3 in June, signaling the strongest improvement in factory activity since January 2025. Output expanded at the quickest pace since January 2025, while new orders grew at the fastest rate since May 2025, supported by stronger domestic demand. Meanwhile, new export orders fell at the sharpest pace since October 2022. Employment declined further as firms continued not to replace voluntary leavers, though the pace of job shedding eased to a four-month low. Input cost and selling price inflation accelerated, as fuel shortages, transportation issues, and higher supplier costs pushed input cost inflation to its fastest pace since January 2026. Supplier delivery times lengthened to the greatest extent since February 2025 amid logistics disruptions, while firms increased purchasing activity to replenish stocks. Business confidence fell to its lowest level since May 2020 amid customer uncertainty and intensifying competition.
2026-08-03
Russia Manufacturing Returns to Growth
Russia’s S&P Global Manufacturing PMI rose to 50.3 in June from 48.8 in May, signaling the first improvement in factory activity in over a year and the strongest operating conditions since January 2025. Output expanded at the fastest pace since January 2025, while new orders stabilized after 12 months of decline. Meanwhile, new export orders fell at the sharpest rate since September 2025. Employment declined further as firms did not replace voluntary leavers, though the pace of job shedding eased markedly from May's record. On prices, both input cost and selling price inflation softened, despite supplier delivery times lengthening to the greatest extent since January 2026 due to logistics disruptions and import challenges following the war in the Middle East. Purchasing activity increased as firms prepared for stronger demand. Lastly, sentiment weakened to a three-month low amid concerns over customers' purchasing power, despite expectations for higher output over the coming year.
2026-07-01
Russia Manufacturing Shrinks the Least in 3 Months
Russia’s S&P Global Manufacturing PMI rose to 48.8 in May from 48.1 in April, which marked the steepest contraction in four months, while extending the downturn in factory activity to a 12th straight month. The latest reading also signaled the smallest contraction in three months, as output returned to growth. Meanwhile, new orders fell at the fastest pace since July 2025, with new export orders declining at the fastest rate since September 2025. Employment declined solidly, marking the second-fastest rate of job shedding since June 2025. Purchasing activity rose at the fastest pace since the start of 2025, while delivery times lengthened, although the extent of the deterioration was only marginal. On prices, input cost inflation accelerated to the second-sharpest pace since January 2025, driven by higher fuel, metal, and electrical equipment costs. Selling prices rose at the fastest pace since February 2025. Lastly, sentiment weakened amid concerns over customers' purchasing power.
2026-06-01