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Russia Manufacturing PMI
The IHS Markit Russia Manufacturing PMI declined to 46.3 in September 2019 from 49.1 the previous month. This was the fifth straight month of contraction in factory activity, as new orders fell at a faster pace and new export orders dropped at the sharpest rate for three years. Also, output shrank for the fourth consecutive month and the steepest drop since April 2009, while employment declined for second successive month, and the fastest decline since May. At the same time, backlogs of work were depleted further and at a sharp pace. On the prices front, rates of both input price and output charge inflation eased, amid a more favourable ruble exchange rate. Finally, business confidence dipped to its lowest since December 2017. Manufacturing PMI in Russia is reported by Markit Economics.
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China Caixin Manufacturing PMI
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