02-October-2026
Economy News
 
Russian Manufacturing Contracts Slightly as Job Cuts Hit Fastest Since May, PMI Shows
01-Oct-2026

Russia's manufacturing sector contracted slightly in September as weak demand drove further declines in output and new orders, a business survey showed on Thursday. • The seasonally adjusted S&P Global Russia Manufacturing Purchasing Managers' Index (PMI) rose to 49.8 in September from 48.8 in August, a survey by S&P Global showed. The 50-mark separates growth from contraction.

News Source:- https://money.usnews.com/investing/news/articles/2026-10-01/russian-manufacturing-contracts-slightly-as-job-cuts-hit-fastest-since-may-pmi-shows