俄罗斯3年期国债 (Russia3Y) 加自选

俄罗斯央行储备从之前的6813亿美元降至6778亿美元。俄罗斯央行储备从之前的6813亿美元降至6778亿美元

Russia Central Bank Reserves $ fell from previous $681.3B to $677.8B.Russia Central Bank Reserves $ fell from previous $681.3B to $677.8B

标准普尔全球俄罗斯制造业采购经理人指数从3月份的近三年低点48.2升至2025年4月的49.3。最新数据表明，工厂活动连续第二个月下降，产量和新订单下降速度较慢。与此同时，在外部需求疲软的情况下，国外销售仍然疲软。就业人数再次下降，但随着企业建立安全库存，在供应商交货时间更广泛稳定的支持下，购买水平恢复增长。在成本方面，投入价格通胀连续第五个月放缓，对美元有利的汇率变动有助于缓和进口投入成本。投入通胀率为2020年2月以来最低，远低于系列平均水平。与此同时，产出价格通胀很小，达到2023年1月以来的最低水平。尽管比3月份略有下降，但商业信心仍然乐观，这得益于对需求改善的预期和扩大产品供应的计划。

The S&P Global Russia Manufacturing PMI rose to 49.3 in April 2025 from March’s near three-year low of 48.2. The latest reading signaled a second consecutive monthly drop in factory activity, with output and new orders declining at a slower rate. Meantime, foreign sales remained weak amid subdued external demand. Employment fell again, but buying levels returned to growth as firms built safety stocks, supported by a broader stabilization in supplier delivery times. On the cost front, input price inflation eased for the fifth straight month, with favorable exchange rate movements against the dollar helping to moderate imported input costs. The rate of input inflation was the slowest since February 2020 and well below the series average. Meanwhile, output price inflation was minimal, hitting its weakest level since January 2023. Despite a slight dip from March, business confidence remained positive, underpinned by expectations of improved demand and plans to broaden product offerings.

俄罗斯的失业率从上个月的2.4%降至2025年3月的2.3%，低于市场预期的2.4%，回到去年年底的历史低点。这一结果与俄罗斯央行的分析一致，该分析指出，动员俄罗斯公民参军并在乌克兰作战加剧了劳动力短缺，降低了俄罗斯经济的产能。失业率下降，官方登记的失业人数下降（2月份为33.7万对34.9万），失业总人数下降（1730万对1786万）。

The unemployment rate in Russia fell to 2.3% in March of 2025 from 2.4% in the previous month, below market expectations of 2.4%, to return to the record-low from the end of last year. The result was in line with the analysis from the Central Bank of Russia, stating that the mobilization of Russian citizens to join the military and fight in Ukraine exacerbated labor shortages and reduced capacity in the Russian economy. The unemployment rate fell with drops in the official registered number of unemployed individuals (337K vs 349K in February) and the total number of unemployed individuals (1,730K vs 1,786K).

俄罗斯3月份失业率为2.3%，低于预期（2.4%）。俄罗斯3月份失业率为2.3%，低于预期（2.4%）

Russia Unemployment Rate came in at 2.3%, below expectations (2.4%) in March.Russia Unemployment Rate came in at 2.3%, below expectations (2.4%) in March