Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

The PMI of Manufacturing Companies Dropped Down
15.10.2019 00:15
The PMI of Manufacturing Companies Dropped Down

In September of this year, the PMI of manufacturing companies dropped to 46.3 points, which has become the lowest indicator since May 2009. In August, the figure was 49.1 points: all in all, business activity of the industry has been decreasing for five months.

      Let us recall that an index value smaller than 50 indicates a decline in business activity. According to the poll by IHS Markit, the main reasons for this dynamics are a decrease in the number of new customers, a decrease in demand and a reduction in the number of export orders. “A poor PMI is a very bad sign. The report shows that the main reason is weak final demand”, according to Maksim Oreshkin, the Head of the Ministry of Economic Development.

Author: Anna Dorozhkina

Tags: Russian business Russian economy    

Next Previous

You might also find interesting:

Elementaree Delivery Service Raises $ 5 Million Investment
Skolkovo Foundation Temporarily Stopped Issuing Grants
The State Duma Approved Imprisonment for Libel on the Internet in the First Reading
VkusVill Opened in Netherlands
American Retail Giant Walmart has Acquired a Robot Made by the Russian Promobot

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Satellites  Mercedes-Benz Fashion Week Russia  Counterfeit  Mercedes-Benz Fashion Week   Pskov  Festivals in Moscow  Luciano Ventrone  Krasnodar Territory  Sakhalin  Gregory Pototsky  Russian tourism  All Events  Moscow  AvtoVAZ   Emergency Response  Pharmacy  Leonid Yengibarov  Moscow planetarium  Aushkul Lake  Russian Cinema  Russian Photographers  anniversary  Exhibitions in Moscow  Russian rouble  Central House of Artist  International Cinema  accident  Calligraphy  Omsk region  Russian aviation  anti-corruption campaign  Russian roofers  travel to Russia  Russian parliament  Yaroslavl Region  Roberto Rosetti  Russian fans  Russian regions  Stalin  Olympic Games 2012  Orest Vereisky  Archeology  Russian business  Gazprom  St. Petersburg  Moon Rovers  Museum of Illusions  Science  Ferris wheel  Dmitry Peskov 

Travel Blogs
Top Traveling Sites