Russia: Purchasing Managers Index (PMI), composite

(measure: index points, source: Markit Economics)
* indicates monthly or quarterly data series

Purchasing Managers Index (PMI), composite in Russia, November, 2019: For that indicator, Markit Economics provides data for Russia from 2017 to 2019. The average value for Russia during that period was 53.4 index points with a minimum of 49.2 index points in June 2019 and a maximum of 56.3 index points in November 2017. Click on the following link to see the values of Purchasing Managers Index (PMI), composite around the world.
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Measure: index points
Source: Markit Economics

Definition: The composite Purchasing Managers’ Index (PMI) is an indicator of economic health for manufacturing and service sectors. The purpose of the PMI is to provide information about current business conditions to company decision makers, analysts and purchasing managers. Each country PMI survey for the manufacturing or service sector is based on questionnaire responses from panels of senior purchasing executives (or similar) at over 400 companies. The composite PMI is a number from 0 to 100. A PMI above 50 represents an expansion when compared with the previous month. A PMI reading under 50 represents a contraction, and a reading at 50 indicates no change.
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