Page 44 - RusRPTJun21

20.3%, other pipes, with with an open seam, riveted or connected in a similar way, with an outer diameter of not more than 406.4 mm, steel - by 15.0%, platinum and platinum group metals, raw or semi-finished, or in the form of a powder - by 14.0%, ferrosilicon - by 11 ,four%. At the same time, prices for raw lead decreased - by 15.5%, chromium and products from it, alloys based on chromium, powders - by 11.9%.
4.3 Industrial sectors and trade 4.3.1 Producers PMI
The headline seasonally adjusted IHS Markit Russia Manufacturing PMI registered 51.9 in May, up from 50.4 in April, its strongest improvement since March 2019, Markit said in a press release on June 1.
Any result about the 50 no-change mark represents an expansion.
“The improvement in operating conditions across the Russian manufacturing sector was modest overall, and the sharpest in over two years. May data also signalled the fifth successive monthly expansion across the sector,” Markit said.
Russia’s economy is moving out of the recession caused by the multiple shocks that hit last spring. The economy contracted by over 2% in both January and February but returned to a modest 0.5% growth in March.
44 RUSSIA Country Report June 2021 www.intellinews.com