Russian manufacturing PMI shows slight improvement in October
Russia's S&P Global manufacturing PMI for October remained just below the 50 mark, indicating a slight contraction compared to the previous month.
Background
Russia's economy has faced international sanctions and internal adjustments since 2022. The government has sought to mitigate these impacts through various policies, including import substitution and reorienting trade. Economic indicators like manufacturing PMI offer insights into these ongoing efforts.
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Russian manufacturing PMI shows slight improvement
First report 3h agoLast update 3h agoThe manufacturing sector in Russia experienced a slight contraction in October, with the PMI at 49.9.
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