The index of business activity in the manufacturing sector showed growth again in November

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The index of business activity in the manufacturing sector showed growth again in November
December 2nd. /MEDIA TALK/.The indicator of business activity of Russian companies in the manufacturing sector has been growing for the second month in a row. In November, according to the research company S&P Global, the PMI was 51.3 points. Among the reasons, the authors of the study note an increase in demand for products, including from abroad - exports of enterprises have been showing growth for several months in a row.


Photo: ru.freepik.com

The general trend in the manufacturing sector is also upward. After the collapse into the pandemic, in 2020, when the PMI fell below 30 points, it is steadily growing. The peak occurred in June 2024, when the indicator reached 54.9 points.

Recall that the index is formed on the basis of surveys of purchasing managers and reflects their expectations regarding the demand for products. Values above 50 points indicate steady economic growth.
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