The IHS Markit Russia Services PMI dropped to 52.6 in April 2019 from 54.4 in the previous month and marking the lowest reading since June last year. Output rose the least since June 2018 and new business expanded at the softest rate in ten months, despite a pick up in export sales growth to the fastest since the series began around four-and-a-half years ago. In addition, the pace of job creation slowed to a six-month low, while backlogs of works continued to fall. On the price front, inflationary pressures eased further from January's VAT-related high. Input cost inflation slowed to an eight month low while the rate of output charge inflation was broadly in line with than seen in the prior month. Lastly, business sentiment hit its strongest level since July 2011. Services PMI in Russia is reported by Markit Economics.

Services PMI in Russia is expected to be 54.40 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 54.20 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 51.80 52.80 54.70 47.60 [+]
Services PMI 52.60 54.40 58.40 41.30 Index Points [+]
Industrial Production 4.90 1.20 17.70 -16.90 percent [+]
Industrial Production Mom 0.50 10.30 24.40 -26.10 percent [+]
Manufacturing Production 4.70 0.30 27.10 -28.10 percent [+]
Capacity Utilization 63.00 62.00 66.00 38.00 percent [+]
Changes in Inventories -586.50 1786.60 2129.00 -1206.50 RUB Billion [+]
Total Vehicle Sales 148296.00 160180.00 291020.00 39497.00 [+]
Car Production 134.00 112.70 187.00 18.20 Thousand Units [+]
Car Registrations 148296.00 160180.00 291020.00 39497.00 [+]
Leading Economic Index 0.60 1.40 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 5230.00 6804.00 3130.00 Thousand Tonnes [+]
Mining Production 6.00 4.30 10.80 -7.70 percent [+]
Cement Production 3.01 2.29 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 53.00 54.60 58.30 44.70 [+]
Bankruptcies 3013.00 3447.00 3696.00 1103.00 Companies [+]
Corporate Profits 2472.40 1264.50 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.60 54.40 58.40 41.30 2010 - 2019 Index Points Monthly




Country Last Previous
Australia 46.50 Apr/19
Brazil 49.90 Apr/19
China 54.50 Apr/19
Euro Area 52.80 Apr/19
France 50.50 Apr/19
Germany 55.70 Apr/19
India 51.00 Apr/19
Italy 50.40 Apr/19
Japan 51.80 Apr/19
Russia 52.60 Apr/19
Spain 53.10 Apr/19
United Kingdom 50.40 Apr/19
United States 53.00 Apr/19


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