The IHS Markit Russia Manufacturing PMI increased to 49.8 in September of 2021 from 46.5 in the previous month, signaling a fourth successive monthly deterioration in operating conditions across the Russian manufacturing sector, but the least in the sequence, amid a renewed rise in output and client demand. Also, new orders grew, with new export orders shrank eased to a three-month low. Meanwhile, employment declined modestly, with backlogs of work falling solidly. On the price front, cost inflation eased to a 12-month low. Meanwhile, output prices increased at the slowest pace since October 2020, amid greater supplier prices and unfavorable exchange rate movements. Finally, sentiment was upbeat overall, however, as firms hoped for further upticks in client demand. source: Markit Economics
Manufacturing PMI in Russia averaged 49.89 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 October of 2021.
Manufacturing PMI in Russia is expected to be 48.90 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 50.70 points in 2022 and 51.20 points in 2023, according to our econometric models.