(Adnkronos) – The manufacturing sector is slowing down in Russia, which in recent years of war has instead driven the economy despite Western economic sanctions. The Purchasing Managers’ Index (PMI), the main factor in describing the performance of the sector, fell from 53.1 in January to 50.2 recorded in February, according to an S&P survey. The expansion threshold is 50. The flow of new orders is unchanged, despite the increase in new exports to four neighboring countries, and production has decreased slightly.
The structural problem of the Russian economy at this stage is the skilled labor force needed to maintain the high levels of production necessary to fuel the war and the economy, a problem that, according to economists, will explode next year. In response to stagnant new orders, companies have moderated hiring.
