The S&P Global Russia Composite PMI decreased to 51.1 in December 2024, down from an eight-month high of 52.6 in the previous month. It was the third consecutive month of expansion in private sector activity, though at a softer rate amid moderations in growth rates among manufacturers and service providers. At the same time, the rate of new business growth eased amid less marked expansions in new orders for goods producers and service providers. Employment increased to the fastest in four months, due to a sustained rise in new orders, with backlogs of work rising for the first time since last March. Moreover, the pace of accumulation was the sharpest on record. On prices, input costs increased at the fastest pace in 2024. However, selling prices eased to the lowest since last August, amid efforts to drive sales. source: S&P Global

Composite PMI in Russia decreased to 51.10 points in December from 52.60 points in November of 2024. Composite PMI in Russia averaged 51.31 points from 2013 until 2024, 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.

Composite PMI in Russia decreased to 51.10 points in December from 52.60 points in November of 2024. Composite PMI in Russia is expected to be 52.40 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 52.70 points in 2025 and 53.00 points in 2026, according to our econometric models.




Related Last Previous Unit Reference
Business Confidence 6.90 7.00 points Dec 2024
Capacity Utilization 60.00 61.00 percent Dec 2024
Car Production 91.00 66.00 Thousand Units Oct 2024
Changes in Inventories 2609.90 1351.80 RUB Billion Sep 2024
Corporate Profits 24250.00 21370.00 RUB Billion Oct 2024
Corruption Index 26.00 28.00 Points Dec 2023
Corruption Rank 141.00 137.00 Dec 2023
Industrial Production YoY 3.70 4.80 percent Nov 2024
Industrial Production Mom 6.60 1.10 percent Oct 2024
Manufacturing Production 7.20 9.60 percent Nov 2024
Mining Production -1.30 -2.00 percent Dec 2024
Steel Production 5500.00 5600.00 Thousand Tonnes Nov 2024
Vehicle Sales YoY 132089.00 177505.00 Units Nov 2024

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. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.


News Stream
Russia Private Sector Growth Eases in December
The S&P Global Russia Composite PMI decreased to 51.1 in December 2024, down from an eight-month high of 52.6 in the previous month. It was the third consecutive month of expansion in private sector activity, though at a softer rate amid moderations in growth rates among manufacturers and service providers. At the same time, the rate of new business growth eased amid less marked expansions in new orders for goods producers and service providers. Employment increased to the fastest in four months, due to a sustained rise in new orders, with backlogs of work rising for the first time since last March. Moreover, the pace of accumulation was the sharpest on record. On prices, input costs increased at the fastest pace in 2024. However, selling prices eased to the lowest since last August, amid efforts to drive sales
2024-12-28
Russia Composite PMI Reaches 8-Month Peak
The S&P Global Russia Composite PMI increased to 52.6 in November from 50.9 in the previous month, pointing to the highest reading since March. It was also the second straight month of growth in private sector activity, supported by faster rises in both manufacturing and services sectors. New orders rose the most since April, amid a renewed rise in manufacturing new orders and a quicker increase in services new business. Employment levels were also higher, with services employment continuing to grow while goods producers cut workforce numbers slightly. Backlogs of work were broadly unchanged, as a fall in manufacturing work-in-hand contrasted with a renewed upturn at service sector firms. On inflation, input cost increased at the fastest pace in four months. Although historically elevated, the rate of increase in selling prices ticked down from October’s nine-month high.
2024-12-04
Russia Composite PMI Rises from 10-Month Low
The S&P Global Russia Composite PMI increased to 50.9 in October from a 21-month low of 49.4 in September, driven by faster growth in services output and a slower decline in manufacturing production. New order growth accelerated, owing to a further increase in services new business and only a fractional drop in manufacturing new business. Meanwhile, both manufacturers and service providers expanded their hiring numbers, while a decrease in outstanding business continued. On the cost side, quicker increases in both input costs and output charges signaled stronger inflation pressures. Greater staffing and supplier costs were reportedly passed on to customers, with upticks broad-based across sectors.
2024-11-06