The Russian Manufacturing Purchasing Managers' Index (PMI) rose to 50.7 in July 2026 from 50.3 a month earlier, according to a study by S&P Global. "The seasonally adjusted index <...> indicates the strongest growth in manufacturing activity since January 2025," the study states. The study notes that total new sales rose for the second consecutive month in July, and the pace of growth accelerated to the highest since May 2025. Furthermore, an increase in new orders contributed to a more significant increase in output among goods manufacturers at the beginning of the third quarter. The PMI value above 50 points is indicative of the business activity growth and the value below the said level flags its slowdown.