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.

Russia Services PMI
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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
Australia 55.10 Nov/18
Brazil 51.30 Nov/18
China 53.80 Nov/18
Euro Area 53.40 Nov/18
France 55.10 Nov/18
Germany 53.30 Nov/18
India 53.70 Nov/18
Italy 50.30 Nov/18
Japan 52.30 Nov/18
Russia 55.60 Nov/18
Spain 54.00 Nov/18
United Kingdom 50.40 Nov/18
United States 54.70 Nov/18


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