The S&P Global Russia Manufacturing PMI inched up to 50.9 in June 2022 from 50.8 in May. The reading pointed to the second straight month of expansion in factory activity, as new orders returned to growth, boosted by greater domestic demand and the agreement of new projects. Meanwhile, output continued to decline amid a sharp further steep fall in exports and shortages of raw materials. Employment rose for the first time in five months, as firms stepped up their hiring activity. On the price front, input price inflation eased to the slowest since February 2020, while output prices fell for the first time since March 2017. Finally, the sentiment strengthened to a four-month high, amid hopes of greater client demand and a stabilisation in economic conditions. source: Markit Economics

Manufacturing PMI in Russia averaged 49.89 points from 2011 until 2022, 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 July of 2022.

Manufacturing PMI in Russia is expected to be 47.20 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 50.10 points in 2023 and 50.00 points in 2024, according to our econometric models.

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Russia Manufacturing PMI



Related Last Previous Unit Reference
Manufacturing PMI 50.90 50.80 points Jun 2022
Services PMI 48.50 44.50 points May 2022
Composite PMI 48.20 44.40 points May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
50.90 50.80 54.70 31.30 2011 - 2022 points Monthly
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News Stream
Russia Manufacturing PMI Edges Up to 5-Month High
The S&P Global Russia Manufacturing PMI inched up to 50.9 in June 2022 from 50.8 in May. The reading pointed to the second straight month of expansion in factory activity, as new orders returned to growth, boosted by greater domestic demand and the agreement of new projects. Meanwhile, output continued to decline amid a sharp further steep fall in exports and shortages of raw materials. Employment rose for the first time in five months, as firms stepped up their hiring activity. On the price front, input price inflation eased to the slowest since February 2020, while output prices fell for the first time since March 2017. Finally, the sentiment strengthened to a four-month high, amid hopes of greater client demand and a stabilisation in economic conditions.
2022-07-01
Russia Manufacturing Returns to Growth
The S&P Global Russia Manufacturing PMI increased to 50.8 in May 2022 from 48.2 in April. The reading pointed to the first expansion in factory activity since January, as both output and new orders declined at a softer pace, with exports orders fell at one of the fastest paces on record, due to largely to the effect of sanctions. Meanwhile, employment declined at a slower rate, with backlogs work decreasing only fractionally, amid some reports that material delivery delays held up the processing of incoming new orders. On the price front, input price inflation eased to the softest since July 2020, as some material prices fell. As, a result, the charge inflation slowed to the slowest since June 2020. Finally, the sentiment strengthened to a three-month high, amid hopes of greater client demand in the coming 12 months. However, the level of positive sentiment was below the series trend.
2022-06-01
Russia Manufacturing Shrinks at Softer Pace
The S&P Global Russia Manufacturing PMI increased to 48.2 in April 2022 from 44.1 in March. Still, the reading pointed to the third straight month of contraction in factory activity as output, new orders, employment, and stocks of purchases all fell. Output shrank at the second-fastest rate since May 2020, as new orders declined at the second-fastest since August 2020, as the impact of sanctions was felt and customer purchasing power was reduced by rising prices. Also, employment declined sharper than the series average, with backlogs of work contracting at a solid pace as new orders fell further. Meanwhile, input price inflation accelerated and was the second-steepest for over a year, due to an unfavourable exchange rate and material shortages. Also, the rise in selling prices was the steepest since January 2015. Finally, the sentiment was the second-lowest in the current sequence of positive sentiment than began in June 2020, amid sanctions and a drop in customer purchasing power.
2022-05-04