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Keyword: 0russiafailedeconomy

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  • Russia's economy just flashed warning signs about manufacturing and employment

    07/02/2025 3:02:16 AM PDT · by Apparatchik · 39 replies
    Business Insider ^ | 2 July 2025 | Huileng Tan
    Russia's wartime economy may finally be losing steam, fresh data shows. In June, Russia's manufacturing Purchasing Managers' Index, or PMI, sank to 47.5 — its sharpest pace of contraction since March 2022, according to S&P Global. This was a reversal from the PMI of 50.2 in May, when Russia's manufacturing activity expanded. The results from the latest S&P Global manufacturing PMI survey are a contrast against the resilience that Russia's economy has been projecting over the last few years. Russia appears to have avoided an economic collapse since its full-scale invasion of Ukraine in February 2022. But many analysts have...