标准普尔全球俄罗斯制造业采购经理人指数从2月份的50.2降至2025年3月的48.2，这是自去年9月以来的首次收缩，原因是产出和新订单再次收缩。最新数据也标志着自2022年4月以来最大的收缩，产出收缩幅度为2022年7月以来最大。受国内外销售的影响，新订单自去年10月以来首次下降，速度为近三年来最快。就业人数略有增加，创造的就业机会是自去年8月以来第二快的。与此同时，积压的工作以2024年2月以来的最大速度下降。作为回应，企业减少了采购活动，这是自2022年8月以来的最大幅度。在价格方面，由于材料成本上升和汇率变动更有利，投入价格上涨，尽管自2022年12月以来通货膨胀有所缓解。产出成本通胀也放缓至两年低点。最后，市场情绪升至四个月高点。
The S&P Global Russia Manufacturing PMI fell to 48.2 in March 2025, down from February’s 50.2, marking the first contraction since last September due to a renewed contraction in output and new orders. The latest reading also marked the steepest contraction since April 2022, with output shrinking the most since July 2022. New orders fell for the first time since last October and at the fastest pace in almost three years, weighed by domestic and foreign sales. Employment increased marginally, with the job creation the 2nd-fastest since last August. Meanwhile, the backlogs of work declined at the steepest rate since February 2024. In response, firms reduced purchasing activity, which was the sharpest since August 2022. On prices, input prices rose due to higher material costs and more favourable exchange rate movements, although inflation eased since December 2022. Output cost inflation also slowed to a two-year low. Lastly, sentiment improved to a four-month high.
