In September, the Purchasing Managers’ Index (PMI) of processing industries of Russian economy increased up to 51.1 points from 50.8 points in August, RNS reports quoting the research company Markit.
The index value became maximum for three months and showed some upturn in Russian processing industries.
“The results of September research showed the maximum growth of production volumes in Russian companies for 22 months. The sustainable growth rates conformed to the average research level. Moreover, the companies increase their production volumes within last five months”, Markit reports.
The production volumes expanded amid the increasing demand, which is confirmed by further significant growth of volumes of new orders, according to the message. The growth of new orders was maximum since June, thanks to developments of new types of products. However, the demand mainly refers to the internal market, as the export orders continued reducing, and this reduction rates were maximum since July 2014, the authors of the research estimated.
