The IHS Markit Russia Manufacturing PMI increased to 51.5 in February of 2021 from 50.9 in the previous month, pointing to the second straight month of expansion in the sector and the fastest expansion since April 2019, as both output and new order expanded at the fastest rate since last August. By contrast, new export orders continued to fall. At the same time, employment rose to the fastest pace for over two years. On the price front, input cost inflation accelerated, and it was among the steepest since February 2015. As a result, output charge inflation accelerated to the sharpest rate in six years. Finally, business sentiment strengthened and was back to levels last seen before the coronavirus pandemic. source: Markit Economics
Manufacturing PMI in Russia averaged 49.92 points from 2011 until 2021, reaching an all time high of 54.70 points in January of 2017 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. Russia Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Manufacturing PMI in Russia is expected to be 51.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Russia to stand at 51.00 in 12 months time. In the long-term, the Russia Manufacturing PMI is projected to trend around 52.00 points in 2022, according to our econometric models.