The IHS Markit Russia Services PMI rose to a three-month high of 55.3 in February 2019 from 54.9 in the prior month. Output grew the most in three months and new business increased sharply. Also, employment rose at the fastest rate in a year, despite backlogs contracting for the fifteenth successive month. On the price front, input price inflation was the second-highest since December 2014, while output charge inflation was the second-highest since April 2018. Finally, business confidence was among the strongest since mid-2011. Services PMI in Russia is reported by Markit Economics.

Services PMI in Russia is expected to be 54.70 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services PMI in Russia to stand at 54.00 in 12 months time. In the long-term, the Russia Services PMI is projected to trend around 54.50 Index Points in 2020, according to our econometric models.

Russia Services PMI
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Russia Business Last Previous Highest Lowest Unit
Business Confidence -2.00 -2.00 7.00 -20.00 Index Points [+]
Manufacturing PMI 50.10 50.90 54.70 47.60 [+]
Services PMI 55.30 54.90 58.40 41.30 Index Points [+]
Industrial Production 4.10 1.10 17.70 -16.90 percent [+]
Industrial Production Mom 0.40 -21.50 24.40 -26.10 percent [+]
Manufacturing Production 4.60 -1.00 27.10 -28.10 percent [+]
Capacity Utilization 63.00 62.00 66.00 38.00 percent [+]
Changes in Inventories 1786.60 935.10 2129.00 -1206.50 RUB Billion [+]
Total Vehicle Sales 128406.00 103064.00 291020.00 39497.00 [+]
Car Production 124.90 154.60 187.00 18.20 Thousand Units [+]
Car Registrations 128406.00 103064.00 291020.00 39497.00 [+]
Leading Economic Index 1.50 0.70 9.90 -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 5790.00 5870.00 6804.00 3130.00 Thousand Tonnes [+]
Mining Production 5.10 4.80 10.80 -7.70 percent [+]
Cement Production 2.99 3.88 7.70 1.60 Millions of Tonnes [+]
Competitiveness Index 65.62 63.97 65.62 4.13 Points [+]
Competitiveness Rank 43.00 45.00 67.00 43.00 [+]
Composite Pmi 54.10 53.60 58.30 44.70 [+]
Bankruptcies 3013.00 3447.00 3696.00 1103.00 Companies [+]
Corporate Profits 13797.20 12842.20 13797.20 -224.00 RUB Billion [+]
Corruption Index 28.00 29.00 29.00 21.00 Points [+]
Corruption Rank 138.00 135.00 154.00 47.00 [+]
Ease of Doing Business 31.00 35.00 124.00 31.00 [+]


Russia Services PMI

The Markit Russia Services PMI is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 300 private service sector companies. The Index tracks variables such as sales, employment, inventories and prices. An index reading above 50 indicates an overall increase in that variable, below 50 an overall decrease. This page provides the latest reported value for - Russia Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Russia Services PMI - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
55.30 54.90 58.40 41.30 2010 - 2019 Index Points Monthly




Country Last Previous
Australia 44.50 Feb/19
Brazil 52.20 Feb/19
China 51.10 Feb/19
Euro Area 52.70 Mar/19
France 48.70 Mar/19
Germany 54.90 Mar/19
India 52.50 Feb/19
Italy 50.40 Feb/19
Japan 52.30 Feb/19
Russia 55.30 Feb/19
Spain 54.50 Feb/19
United Kingdom 51.30 Feb/19
United States 54.80 Mar/19


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