The IHS Markit Russia Composite PMI decreased to 54.0 in April 2021 from 54.6 a month earlier, signaling a solid upturn in private sector business activity. The rate of growth was the second-fastest since August 2020. Contributing to the upturn in output was a stronger increase in new orders received by services sector companies. Meantime, new exports order dropped further. At the same time, job creation accelerated to the fastest pace since February 2019. Meanwhile, backlogs continued to contract solidly. On the price front, input price inflation slowed to the softest for three months, while output prices inflation accelerated to the fastest pace since January 2019. Lastly, business confidence improved to the strongest since May 2019. 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 May 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.

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Russia Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
54.00 54.60 58.30 13.90 2013 - 2021 points Monthly
SA

Russia Business Last Previous Highest Lowest Unit
Business Confidence 0.00 -0.30 7.00 -20.00 points [+]
Manufacturing PMI 50.40 51.10 54.70 31.30 points [+]
Services PMI 55.20 55.80 58.50 12.20 points [+]
Industrial Production 1.10 -3.20 17.70 -16.90 percent [+]
Industrial Production Mom 12.20 -0.90 24.40 -20.60 percent [+]
Manufacturing Production 4.20 -1.70 27.10 -28.10 percent [+]
Capacity Utilization 61.00 60.00 66.00 38.00 percent [+]
Changes in Inventories -202.00 1510.50 2009.30 -1157.20 RUB Billion [+]
Total Vehicle Sales 148676.00 120081.00 291020.00 38922.00 Units [+]
Car Production 146.50 125.30 187.00 18.20 Thousand Units [+]
Car Registrations 148676.00 120081.00 291020.00 38922.00 [+]
Leading Economic Index 0.50 -2.50 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 [+]
Corporate Profits 3116.10 1359.40 16241.90 -224.00 RUB Billion [+]
Corruption Index 30.00 28.00 30.00 21.00 Points [+]
Corruption Rank 129.00 137.00 154.00 47.00 [+]
Cement Production 3.89 2.69 7.70 1.60 Millions of Tonnes [+]
Competitiveness Index 66.74 65.62 66.74 4.13 Points [+]
Competitiveness Rank 43.00 43.00 67.00 43.00 [+]
Composite PMI 54.00 54.60 58.30 13.90 points [+]
Bankruptcies 2467.00 2848.00 3770.00 1103.00 Companies [+]
Ease of Doing Business 28.00 31.00 124.00 28.00 [+]
Steel Production 6600.00 5700.00 6804.00 3130.00 Thousand Tonnes [+]
Mining Production -5.60 -9.00 10.80 -14.20 percent [+]


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.