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Russia Markit Manufacturing Purchasing Managers Index (PMI)

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Russia Markit Manufacturing Purchasing Managers Index (PMI)

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Status

 
Latest Release
May 04, 2021
Actual
50.4
Previous
51.1
The Russian HSBC Manufacturing PMI is a composite indicator designed to provide an overall view of activity in the manufacturing sector and acts as an leading indicator for the whole economy. When the PMI is below 50.0 this indicates that the manufacturing economy is declining and a value above 50.0 indicates an expansion of the manufacturing economy.

Flash figures are released approximately 6 business days prior to the end of the month. Final figures overwrite the flash figures upon release and are in turn overwritten as the next Flash is available.

The HSBC Manufacturing PMI is concluded from a monthly survey of hundreds of purchasing managers, which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories.

A higher than expected reading should be taken as positive/bullish for the RUB , while a lower than expected reading should be taken as negative/bearish for the RUB.
Importance:
Country:
Currency: RUB
Source: Markit Economics
Russia Markit Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Jun 01, 2021 (May) 02:00     50.4
May 04, 2021 (Apr) 02:00 50.4   51.1
Apr 01, 2021 (Mar) 02:00 51.1   51.5
Mar 01, 2021 (Feb) 02:00 51.5   50.9
Feb 01, 2021 (Jan) 02:00 50.9   49.7
Dec 30, 2020 (Dec) 02:00 49.7   46.3

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Analysis

Markit Manufacturing PMI Discussion

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