The Russian manufacturing sector saw a slight easing in its downturn in April, with contractions in both output and new orders slowing to a marginal pace, S&P Global reported on Monday. The Purchasing Managers' Index (PMI) for Russia's manufacturing sector rose to 49.

Despite weak demand, inflation pressures persist, driven by tariffs, supply chain issues, and a weaker dollar, leading to rising input and output prices. Explore more details here.

Manufacturing PMI registered 48.7% in April, indicating contraction at a faster rate when compared to the March reading of 49%. “Of the five subindexes that directly factor into the Manufacturing PMI,