Russia's manufacturing sector expanded in July for the first time since October 2013 on output and new order growth, survey data from Markit Economics showed Friday.
The HSBC Purchasing Managers' Index rose to 51 in July from 49.1 in June. However, the latest figure remained below the long-run survey average of 51.9.
There was a solid increase in Russian manufacturing output in July. New orders rose for only the second time in eight months in July.
Manufacturers reported increased average input prices in July, partly linked to higher import costs. But it eased further to a 5-month low.
At the same time, output prices rose at the slowest rate since October 2013, and one that remained weak in the context of historic survey data.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.