ECONOMICS COMMENTARY
Apr 03, 2014
Russian economy contracts in first quarter
Russian PMI data for Q1 2014 signalled the worst business conditions for manufacturers and service providers since mid-2009. The Composite PMI Output Index fell to 47.8 in March, signalling contraction. Given that manufacturing and services have supported recent economic growth this decline could act as a significant drag on total GDP unless other sectors such as utilities and construction pick up.
{"items" : [
{"name":"share","enabled":true,"desc":"<strong>Share</strong>","mobdesc":"Share","options":[ {"name":"facebook","url":"https://www.facebook.com/sharer.php?u=http%3a%2f%2fqa.www.spglobal.com%2fmarketintelligence%2fen%2fmi%2fresearch-analysis%2f03042014080000russian-economy-contracts-in-first-quarter.html","enabled":true},{"name":"twitter","url":"https://twitter.com/intent/tweet?url=http%3a%2f%2fqa.www.spglobal.com%2fmarketintelligence%2fen%2fmi%2fresearch-analysis%2f03042014080000russian-economy-contracts-in-first-quarter.html&text=Russian+economy+contracts+in+first+quarter","enabled":true},{"name":"linkedin","url":"https://www.linkedin.com/sharing/share-offsite/?url=http%3a%2f%2fqa.www.spglobal.com%2fmarketintelligence%2fen%2fmi%2fresearch-analysis%2f03042014080000russian-economy-contracts-in-first-quarter.html","enabled":true},{"name":"email","url":"?subject=Russian economy contracts in first quarter&body=http%3a%2f%2fqa.www.spglobal.com%2fmarketintelligence%2fen%2fmi%2fresearch-analysis%2f03042014080000russian-economy-contracts-in-first-quarter.html","enabled":true},{"name":"whatsapp","url":"https://api.whatsapp.com/send?text=Russian+economy+contracts+in+first+quarter http%3a%2f%2fqa.www.spglobal.com%2fmarketintelligence%2fen%2fmi%2fresearch-analysis%2f03042014080000russian-economy-contracts-in-first-quarter.html","enabled":true}]}, {"name":"rtt","enabled":true,"mobdesc":"Top"}
]}