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. source: S&P Global

Manufacturing PMI in Russia increased to 50.30 points in June from 48.80 points in May of 2026. Manufacturing PMI in Russia averaged 50.29 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 50.30 points in June from 48.80 points in May of 2026. Manufacturing PMI in Russia is expected to be 49.10 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 49.60 points in 2027 and 50.20 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Business Confidence -2.10 -1.00 points Jun 2026
Capacity Utilization 62.00 62.00 percent May 2026
Car Production 51.60 68.40 Thousand Units May 2026
Changes in Inventories 1604.40 1248.10 RUB Billion Mar 2026
Corporate Profits 8850.00 5190.00 RUB Billion Apr 2026
Corruption Index 22.00 22.00 Points Dec 2025
Corruption Rank 157.00 154.00 Dec 2025
Industrial Production YoY -0.70 1.90 percent May 2026
Industrial Production Mom -1.60 -4.10 percent May 2026
Manufacturing Production 0.50 3.10 percent May 2026
Mining Production -2.70 -0.40 percent May 2026
Steel Production 5600.00 5000.00 Thousand Tonnes May 2026
Vehicle Sales YoY 110669.00 117257.00 Units May 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 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
Russia Manufacturing Shrinks the Most in 4 Months
Russia’s S&P Global Manufacturing PMI inched down to 48.1 in April from 48.3 in March, marking the eleventh straight month of contraction in factory activity. The latest reading also marked the deepest contraction since last December, due to further declines in output, new orders, and employment, with the latter falling at the quickest pace in four years. A further contraction in foreign sales also weighed on total new orders. Purchasing activity declined further, though the rates of decline in input buying and the depletion of both stocks of purchases and finished goods eased. Meanwhile, delivery times lengthened slightly. On the price front, input cost inflation accelerated to the second-sharpest pace in over a year, driven by higher shipping, logistics, and raw material prices. Selling prices rose faster as higher costs were passed through to clients. Finally, business confidence improved to a seven-month high amid hopes of stronger demand from export markets.
2026-05-04