The IHS Markit Russia Composite PMI increased to 54.6 in March 2021 from 52.6 a month earlier. This was the highest reading since August 2020, signaling the steepest rise in private sector business activity. Contributing to the upturn in output was a stronger increase in new business received by private sector companies. Despite at a slower expansion at manufacturers, the overall rate of growth quickened to a seven-month high. Meantime, exports order fell further. On the price front, input price inflation eased slightly, while output prices inflation accelerated to the fastest pace since January 2019. Meanwhile, employment increased at a marginal pace. Looking ahead, sentiment remained positive, amid hopes an economic recovery. 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 April of 2021.
Composite PMI in Russia is expected to be 53.20 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 53.20 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.