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.

Ok
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Russia Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
51.50 50.90 54.70 31.30 2011 - 2021 points Monthly
SA


News Stream
Russia Manufacturing Sector Expands the Most Since 2019
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.
2021-03-01
Russia Manufacturing Sector Activity Returns to Growth
The IHS Markit Russia Manufacturing PMI increased to 50.9 in January of 2021 from 49.7 in the previous month, pointing to the first time expansion in the sector in five months, as output and new orders returned to expansion. Output grew for the first time since last September, while new orders rose marginally, with the rate of growth was the fastest since August 2020. By contrast, new export orders contracted markedly and at the sharpest rate since last May. At the same time, employment rose for first time in 18 months. The rate of job creation was among quickest seen over the past two years. On the price front, input cost inflation eased, but it was among the sharpest for six years. As a result output charge inflation accelerated to the second-fastest since February. Finally, business sentiment remained upbeat, due to hopes of an end to the coronavirus pandemic.
2021-02-01
Russia Manufacturing Sector Shrinks at Softer Pace
The IHS Markit Russia Manufacturing PMI increased to 49.7 in December 2020 from 46.3 in the previous month, pointing to the fourth straight month of contraction in the sector, but the smallest contraction in the current sequence, due to slower contractions in production and new orders. Output shrank at the slowest pace in three months. Meanwhile, the decline in new orders was only fractional overall, as new export orders rose for the third month running. At the same time, the rate of job shedding also eased to the least since August, as output expectations strengthened amid hopes of greater clients demand over the coming year. On the price front, input cost inflation accelerated to the fastest for almost six years, while output charge inflation accelerated to the quickest since March 2015. Finally, business sentiment improved to the highest since August, amid hopes of the release of pent-up demand as 2021 progresses.
2020-12-30
Russia Factory Activity Shrinks for 3rd Month
The IHS Markit Russia Manufacturing PMI declined to 46.3 in November 2020 from 46.9 in the previous month, pointing to the third straight month of contraction in the sector, as output dropped at a faster pace, while new orders fell at a the fastest pace for six months. The decline in new orders was largely driven by domestic clients, however, as new export orders rose at the quickest rate since December 2018. At the same time, employment continued to decline, with the rate of job shedding was strong overall and fastest for four months. On the price front, input cost inflation accelerated to the fastest since February 2015, while output charge inflation accelerated to the quickest since February 2019. Finally, business sentiment improved slightly, as firms noted hopes of a return to more substantial demand over the coming year.
2020-12-01

Russia Manufacturing PMI
The IHS Markit Russia 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.