Financial News: Russian Manufacturing Downturn Continues In April

Russian Manufacturing Downturn Continues In April

05/04/2026 - 04:05:00 (RTTNews)

(RTTNews) - Russia's factory activity contracted at the fastest pace in this year so far amid weaker demand conditions, survey results from S&P Global showed on Monday.

The manufacturing purchasing managers' index, or PMI, dropped to 48.1 in April from 48.3 in March. Any reading below 50 indicates contraction.

The downturn was attributed to further declines in output, new orders, and employment, with the latter falling at the quickest pace in four years.

Output decreased at a solid pace in April due to weak demand conditions and a reduction in new order intakes, which was largely evident at foreign markets.

On the price front, input price inflation was the second-sharpest in over a year amid higher costs for shipping, logistics, and raw materials. As a result, selling price inflation accelerated.

Firms reduced their workforce numbers at the strongest in four years due to lower production requirements, while lower new order intakes meant firms were able to clear their backlogs of work at a sharper pace in April.

Looking ahead, manufacturers remained confident about output expectations over the year ahead, buoyed by positive expectations and hopes of greater demand from export markets.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Leading Economic Index Unexpectedly Inches Higher In April (13 min(s), 10 sec(s) ago)
(RTTNews) - A reading on leading U.S. economic indicators unexpectedly edged slightly higher in th ...Full Story»

U.S. Consumer Sentiment Tumbles Much More Than Previously Estimated In May (56 min(s), 10 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed consumer sentiment in ...Full Story»

Latvia Jobless Rate Rises To 7.1% In Q1 (50 min(s), 10 sec(s) ago)
(RTTNews) - Latvia's unemployment rate increased in the first quarter of 2026 after falling in ...Full Story»

German GDP Growth Rises On Exports, Consumption (20 min(s), 10 sec(s) ago)
(RTTNews) - The German economy expanded at a slightly faster pace in the first quarter, underpinne ...Full Story»

Poland Business Confidence Rises In May (20 min(s), 10 sec(s) ago)
(RTTNews) - Poland's manufacturers expressed a less pessimistic attitude in May, survey figure ...Full Story»

French Manufacturing Confidence Strengthens In May (44 min(s), 10 sec(s) ago)
(RTTNews) - Confidence among French manufacturers improved further in May and remained above its l ...Full Story»

Irish Wholesale Prices Rise 1.4% In April (05 min(s), 10 sec(s) ago)
(RTTNews) - Ireland's wholesale prices increased for the first time in more than a year in Apr ...Full Story»

UK Government Borrowing Exceeds Estimate (05 min(s), 10 sec(s) ago)
(RTTNews) - The UK government's borrowing exceeded the official estimate and also hit the high ...Full Story»