Russian Federation Composite PMI

Last Release

Mar 31, 2024

Actual

52.7

Units In

Points

52.2

Frequency

Monthly

Next Release

May 06, 2024

Time to Release

1 Months 0 Days 2 Hours

Highest	Lowest	Average	Date Range	Source
58.3 Jan 2017	13.9 Apr 2020	51.32 Points	2013-2024	Markit Economics

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.

Latest Updates

The S&P Global Russia Composite PMI rose to 52.7 in March 2024 from February's 13-month low of 52.2, supported by sharper upturns in manufacturing and service sector output. New order growth accelerated g amid marked growth in new sales at goods producers. Also, new sales from abroad returned to growth as foreign client demand at manufacturers strengthened. Meanwhile, employment quickened at manufacturers and service providers but backlogs of work continued to grow, with the pace of accumulation the fastest in three months. On prices, pressures softened, as evidenced by input cost and output charges that increased at the slowest rates since July 2020 and March 2023, respectively.