The S&P Global Russia Composite PMI fell to 55.1 in April 2022 from a near 3-year high of 56.8 in March. Still, it was the third straight month of expansion in private sector activity, with both manufacturers and service providers growing further. New orders continued to increase at the second-steepest rate since August 2022. Despite a renewed contraction in services foreign client demand, manufacturers drove a marginal rise in total new export orders. On inflation, input cost advanced the least since July 2020, mainly due to moderation in service providers as goods producers signaled a faster rise in cost burdens. Meanwhile, the pace of charge inflation picked up to the quickest in 2023. Finally, the rate of job creation was the highest since May 2011. source: Markit Economics

Composite PMI in Russia averaged 51.03 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 June of 2023.

Composite PMI in Russia is expected to be 50.50 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 50.30 points in 2024 and 51.00 points in 2025, according to our econometric models.

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Russia Composite PMI

Related Last Previous Unit Reference
Manufacturing PMI 53.50 52.60 points May 2023
Services PMI 55.90 58.10 points Apr 2023
Composite PMI 55.10 56.80 points May 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
55.10 56.80 58.30 13.90 2013 - 2023 points Monthly