Russia Services PMI

The IHS Markit Russia Services PMI dropped to 55.6 in November of 2018 from October's 11-month high of 56.9. New business grew at the second-strongest rate in a year and new orders from abroad rose the most in four months. In addition, firms increased their workforce numbers for the second straight month, reducing the strain on capacity and leading to a strong fall in backlogs. Meanwhile, inflationary pressures remained elevated, and rates of increase in both input prices and output charges were some of the fastest in the last 3-1/2 years. Finally, output expectations towards the coming 12 months moderated, but remained robust. Services PMI in Russia is reported by Markit Economics.

Services PMI in Russia is expected to be 54.60 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services PMI in Russia to stand at 53.60 in 12 months time. In the long-term, the Russia Services PMI is projected to trend around 54.00 Index Points in 2020, according to our econometric models.

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Russia Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	-6.00	-5.00	7.00	-20.00	Index Points	[+]
Manufacturing PMI	52.60	51.30	54.70	47.60		[+]
Services PMI	55.60	56.90	58.40	41.30	Index Points	[+]
Industrial Production	3.70	2.10	17.70	-16.90	percent	[+]
Industrial Production Mom	5.80	2.50	24.40	-26.10	percent	[+]
Manufacturing Production	2.70	-0.10	27.10	-28.10	percent	[+]
Capacity Utilization	64.00	65.00	66.00	38.00	percent	[+]
Changes in Inventories	935.10	85.90	2129.00	-1206.50	RUB Billion	[+]
Total Vehicle Sales	167494.00	160425.00	291020.00	39497.00		[+]
Car Production	121.60	106.90	187.00	18.20	Thousand Units	[+]
Car Registrations	167494.00	160425.00	291020.00	39497.00		[+]
Leading Economic Index	2.50	1.10	9.90	-11.80	percent	[+]
Internet Speed	11846.17	11607.38	12288.46	1909.63	KBps	[+]
IP Addresses	19163474.00	19200437.00	19200437.00	2137082.00	IP	[+]
Steel Production	6020.00	5910.00	6804.00	3130.00	Thousand Tonnes	[+]
Mining Production	7.40	6.90	10.80	-7.70	percent	[+]
Cement Production	6.38	6.47	7.70	1.60	Millions of Tonnes	[+]
Competitiveness Index	65.62	63.97	65.62	4.13	Points	[+]
Competitiveness Rank	43.00	45.00	67.00	43.00		[+]
Composite Pmi	55.00	55.80	58.30	44.70		[+]
Bankruptcies	3431.00	3111.00	3696.00	1103.00	Companies	[+]
Corporate Profits	10151.70	8572.00	11285.10	-224.00	RUB Billion	[+]
Corruption Index	29.00	29.00	29.00	21.00	Points	[+]
Corruption Rank	135.00	131.00	154.00	47.00		[+]
Ease of Doing Business	31.00	35.00	124.00	31.00		[+]

Russia Services PMI

The Markit Russia Services PMI is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 300 private service sector companies. The Index tracks variables such as sales, employment, inventories and prices. An index reading above 50 indicates an overall increase in that variable, below 50 an overall decrease. This page provides the latest reported value for - Russia Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Russia Services PMI - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	55.60	56.90	58.40	41.30	2010 - 2018	Index Points	Monthly

Country	Last		Previous	Range
Australia	55.10	Nov/18	51.1	63 : 39	Index Points
Brazil	51.30	Nov/18	50.5	57.1 : 36.9	Index Points
China	53.80	Nov/18	50.8	54.7 : 50	Index Points
Euro Area	53.40	Nov/18	53.7	58.3 : 39.2	Index Points
France	55.10	Nov/18	55.3	62.9 : 40.2	Index Points
Germany	53.30	Nov/18	54.7	60.3 : 41.3	Index Points
India	53.70	Nov/18	52.2	57.5 : 44.6	Index Points
Italy	50.30	Nov/18	49.2	57.7 : 42.3	Index Points
Japan	52.30	Nov/18	52.4	55.3 : 46.4	Index Points
Russia	55.60	Nov/18	56.9	58.4 : 41.3	Index Points
Spain	54.00	Nov/18	54	60.3 : 36.8	Index Points
United Kingdom	50.40	Nov/18	52.2	62.5 : 40.1	Index Points
United States	54.70	Nov/18	54.8	61 : 49.3	Index Points