Markit: Russias Manufacturing PMI rises to 52.6 in November - Business Wire - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Markit: Russias Manufacturing PMI rises to 52.6 in November

MOSCOW, Dec 3 (PRIME) -- Russias Manufacturing Purchasing Managers Index (PMI) grew to 52.6 in November from 51.3 in October, showing the maximum growth for almost 18 months, researcher Markit said on Monday.

November survey data indicated the most marked improvement in the health of the Russian manufacturing sector since July 2017. The overall expansion was driven by faster upturns in output and new business, and the strongest increase in employment since January 2017, the report said.

The Russian manufacturing sector continued to show strength in November, with growth in output and new orders accelerating to 10-month highs. The upturn in new business from abroad also gained momentum, Sian Jones, economist at IHS Markit, commented on the survey.

Reassuringly, firms were upbeat towards future output and as such continued to increase workforce numbers. Job creation was the fastest since early-2017, he said.

Although well down on the rates seen earlier in the year, higher fuel and raw material prices led to a faster rise in input costs. That said, greater foreign and domestic demand encouraged manufacturers to increase factory gate charges at a strong pace.

End

03.12.2018 10:39
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 75.3890 -0.0026 15 dec
USD 66.4337 +0.1787 15 dec
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1116.50 -1.14 18:50 14 dec
micex 2365.69 -0.54 18:50 14 dec
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 155.40 -0.70 18:49 14 dec
lkoh 5100.00 -0.61 18:49 14 dec
rosn 418.00 +0.54 18:49 14 dec
sber 184.93 -2.24 18:49 14 dec
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 74.9875 -0.6000 14:59 14 dec
USDTD 66.7000 +0.4350 17:44 14 dec