The S&P Global Russia Composite PMI fell to a 5-month low of 53.3 in July 2023 from 55.8 in the prior month, amid softer upturns in manufacturing and service sector activity. New order growth slowed across both monitored sectors, amid a renewed fall in foreign orders that led by a solid drop in manufacturing overseas sales. Meantime, employment rose further, mainly supported by manufacturing as service providers saw staffing numbers broadly unchanged. On prices, input price inflation hit its highest since May 2022, with firms hiking selling prices at the steepest pace since April 2022. source: Markit Economics
Composite PMI in Russia averaged 51.12 points from 2013 until 2023, 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 August of 2023.
Composite PMI in Russia is expected to be 51.00 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 54.00 points in 2024 and 52.70 points in 2025, according to our econometric models.