The S&P Global Russia Composite PMI was up to 48.2 in May of 2022 from 44.4 in the prior month. This was the third straight month of drop in private sector activity, but the least in the sequence, amid decreases at both manufacturing and service sector firms. Overall new orders stayed weak, with foreign demand falling at a sharper pace amid logistics challenges and a slump in international customer demand. At the same time, employment shrank further, and backlogs of work fell markedly. On prices, rates of increase in cost burdens and output charges softened despite reports of further hikes in supplier prices. The pace of output price inflation was broadly in line with that seen at the start of the year. Lastly, sentiment improved notably. source: Markit Economics

Composite PMI in Russia averaged 51.02 points from 2013 until 2022, reaching an all time high of 58.30 points in January of 2017 and a record low of 13.90 points in April of 2020. This page provides - Russia Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Composite PMI in Russia is expected to be 49.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Composite PMI is projected to trend around 52.00 points in 2023 and 52.30 points in 2024, according to our econometric models.

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Russia Composite PMI

Related Last Previous Unit Reference
Services PMI 48.50 44.50 points May 2022
Manufacturing PMI 50.80 48.20 points May 2022
Composite PMI 48.20 44.40 points May 2022

Russia Composite PMI
In Russia, the Markit Russia Composite Output Index tracks business trends across private sector activity, based on data collected from a representative panel of around 300 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining.
Actual Previous Highest Lowest Dates Unit Frequency
48.20 44.40 58.30 13.90 2013 - 2022 points Monthly