俄罗斯的失业率从上个月的2.3%降至2025年5月的2.2%，低于市场预测的2.3%，创下历史新低。这一结果与俄罗斯央行的声明一致，该声明指出，由于俄罗斯军事动员和俄罗斯经济能力下降，劳动力短缺。

Russia’s unemployment rate fell to 2.2% in May of 2025 from 2.3% in the prior month, below market forecasts of 2.3% to record a new record low. The result was in line with statements from the Central Bank of Russia, flagging shortages in the labor force due to the Russian military mobilization and the reduced the capacity of the Russian economy.

继上个月增长1.9%之后，俄罗斯零售额在2025年5月同比增长1.8%。按月计算，零售额增长了2%，从上个月2.1%的暴跌中反弹。考虑到2025年前五个月，零售贸易增长了2.3%，低于2024年同期的10.5%。

Retail sales in Russia rose by 1.8% year-on-year in May 2025, following a 1.9% increase in the prior month. On a monthly basis, retail sales rose by 2%, rebounding from a 2.1% slump in the previous month. Considering the first five months of 2025, retail trade grew by 2.3%, down from 10.5% in the same period in 2024.

标准普尔全球俄罗斯制造业采购经理人指数从5月份的50.2降至2025年6月的47.5，表明工厂活动再次收缩。最新数据也标志着自2022年3月以来的最大跌幅，因为新订单恢复下降，产量以更快的速度萎缩。由于购买力下降和客户需求疲软，新销售额下降幅度为3月以来最大。与此同时，由于汇率不利，国外销售额以2022年11月以来的最快速度下降。因此，就业人数下降，裁员速度为2022年4月以来最快，而积压的工作下降速度更快。在价格方面，投入成本通胀降至2020年2月以来的最低水平，反映出材料价格暂停上涨。产出成本通胀也放缓，达到2022年11月以来的最低水平。展望未来，由于对全球经济不确定性的担忧日益加剧，商业信心降至2022年10月以来的最低水平。

The S&P Global Russia Manufacturing PMI fell to 47.5 in June 2025, down from 50.2 in May, signaling a return to contraction in factory activity. The latest reading also marked the steepest decline since March 2022, as new orders resumed their fall and output shrank at a faster rate. The new sales dropped the most since March, driven by reduced purchasing power and weak client demand. Meanwhile, foreign sales fell at the sharpest pace since November 2022, amid unfavorable exchange rates. As a result, employment declined, with the pace of job shedding the fastest since April 2022, while backlogs of work dropped at a quicker rate. On the price front, input cost inflation eased to its lowest level since February 2020, reflecting suspended hikes in material prices. Output cost inflation also slowed, reaching its softest pace since November 2022. Looking ahead, business sentiment weakened to its lowest level since October 2022, amid growing concerns over global economic uncertainty.

俄罗斯标准普尔全球制造业采购经理人指数从之前的50.2降至6月份的47.5。俄罗斯标准普尔全球制造业采购经理人指数从之前的50.2降至6月份的47.5

Russia S&P Global Manufacturing PMI down to 47.5 in June from previous 50.2.Russia S&P Global Manufacturing PMI down to 47.5 in June from previous 50.2