The IHS Markit Russia Composite PMI declined to 48.2 in August 2021 from 51.7 a month earlier, pointing to the first decline in Russian private sector business activity in 2021 and the lowest reading since last December, due to the decline in private sector new orders, with both domestic and foreign client demand weakening. Meanwhile, employment decreased, as backlogs of work across the manufacturing and service sectors fell sharply. On the price front, input cost inflation eased to a seven-month low, while output prices continued to rise. Lastly, business confidence weakened to the weakest since November 2020. source: Markit Economics

Composite PMI in Russia averaged 51.20 points from 2013 until 2021, 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 - values, historical data and charts - was last updated on September of 2021.

Composite PMI in Russia is expected to be 54.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite PMI in Russia to stand at 52.40 in 12 months time. In the long-term, the Russia Composite PMI is projected to trend around 52.10 points in 2022 and 52.90 points in 2023, according to our econometric models.

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Russia Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
49.20 51.70 58.30 13.90 2013 - 2021 points Monthly
SA

Russia Business Last Previous Highest Lowest Unit
Business Confidence 0.00 0.70 7.00 -20.00 points [+]
Manufacturing PMI 46.50 47.50 54.70 31.30 points [+]
Services PMI 49.30 53.50 58.50 12.20 points [+]
Industrial Production 6.80 10.20 17.70 -16.90 percent [+]
Industrial Production Mom -0.10 1.30 24.40 -20.60 percent [+]
Manufacturing Production 3.40 7.60 27.10 -28.10 percent [+]
Capacity Utilization 60.00 60.00 66.65 38.00 percent [+]
Changes in Inventories 469.90 -202.00 1827.40 -1159.60 RUB Billion [+]
Total Vehicle Sales 114130.00 136040.00 291020.00 38922.00 Units [+]
Car Production 136.20 146.50 187.00 18.20 Thousand Units [+]
Car Registrations 151964.00 148676.00 291020.00 38922.00 [+]
Leading Economic Index 4.70 8.90 11.10 -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 6700.00 6400.00 6804.00 3130.00 Thousand Tonnes [+]
Mining Production 11.60 13.70 13.70 -13.90 percent [+]
Cement Production 4.92 3.89 7.61 1.60 Millions of Tonnes [+]
Competitiveness Index 66.74 65.62 66.74 4.13 Points [+]
Competitiveness Rank 43.00 43.00 67.00 43.00 [+]
Composite PMI 49.20 51.70 58.30 13.90 points [+]
Bankruptcies 2462.00 2321.00 3770.00 1103.00 Companies [+]
Corruption Index 30.00 28.00 30.00 21.00 Points [+]
Corruption Rank 129.00 137.00 154.00 47.00 [+]
Corporate Profits 11600.70 9466.20 16241.90 -224.00 RUB Billion [+]
Ease of Doing Business 28.00 31.00 124.00 28.00 [+]


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.