Western analysts note a record growth in production in Russia over the past 18 years

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Analytical agency S&P Global reports that activity in Russian manufacturing sectors is growing at the fastest pace since August 2006. According to the assessment criteria of Western analysts, the PMI growth index in March 2024 amounted to 55,7 points, which is 1 point more than in February of this year.

According to the S&P Global rating system, a PMI indicator above 50 points indicates the active growth of business activity in the area in question. Similar results Russian economy demonstrated only 18 years ago, long before the introduction of thousands of sanctions.



The agency notes that with the start of a special military operation and subsequent sanctions pressure from the West, a revival of production activity in Russia unexpectedly began, focusing on the domestic market.

However, over the two years of the SVO, Moscow was able to establish new trade ties with other partners, which gave an additional impetus to industrial growth.

Increased demand from foreign customers is said to be driven by expansion into new export markets and the acquisition of new customers

- says S&P Global analysis.

The growth in production, in turn, ensured an increase in employment and the hiring of a large number of new employees at enterprises. The pace of job creation, according to analysts, was the fastest since November 2000.

The optimism stems from hopes for continued growth in consumer demand, as well as investments in new product lines and equipment to improve efficiency. Overall, firms showed the highest degree of confidence in expected output over the past five years.

– summarize the authors of the S&P Global report.
  • Vyacheslav Bukharov/wikimedia.org
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32 comments
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  1. -4
    April 1 2024 21: 51
    “Growth of production” - what? - all around?
    1. +3
      April 2 2024 00: 10
      ... in Russian manufacturing industries is growing at the fastest pace since August 2006

      The SVO seems to be mobilizing the economy. During the Patriotic War, people suddenly began to move away from bast shoes and horses. Although in our city they are still replacing factories with shops.
      1. +3
        April 2 2024 05: 46
        We must assume old factories
        1. 0
          April 2 2024 09: 00
          Until the thunder strikes, the man will not cross himself! Well, it’s not for nothing that our ancestors came up with such sayings. We know ourselves!
          1. -4
            April 2 2024 09: 56
            There are explanations for thunder. When the market is occupied by other people's goods, then it is necessary to force other people's producers to leave voluntarily. This is what Russia did: it freed the market from foreign producers and opened it up to its own. No one will blame Russia for driving them out of its market,
            1. -4
              April 2 2024 11: 05
              TA-dah ! I remember Soviet goods, a gray row and everything went by...
              1. +1
                April 5 2024 19: 34
                You've ridden around your country in Ukraine and never learned how to work - now you're begging around the world.
            2. 0
              April 5 2024 19: 32
              It is not necessary that foreign manufacturers leave (you can buy a controlling stake from them), but we need them to teach us how to make high-quality goods - it will be more profitable and smarter!
      2. -2
        April 2 2024 09: 59
        They change them according to the fact that new ones were built, according to new requirements. So they exchange old rubbish for stores. Now there is a production boom in Russia, there is not enough labor for factories. This is why the doors were opened wide for guest workers and emigrants. To fill gaps in the workforce. .
        1. -2
          April 2 2024 11: 07
          They opened the doors for cheap, low-skilled, criminal... but others will not go for such a salary.
      3. The comment was deleted.
    2. 0
      April 2 2024 02: 42
      Quote: Cyril
      “Growth of production” - what? - all around?

      Yes, a lot of things, do you feel like your ears are getting heavier?
      1. 0
        April 2 2024 09: 46
        Growth in Russia is in full swing. The manufacturers themselves say this. And only donkeys have heavy ears; they are donkeys, they don’t believe in anything.
      2. -1
        April 2 2024 11: 07
        Noodles or pasta..? fellow
        1. 0
          April 2 2024 11: 21
          Quote: Kenttt
          Noodles or pasta..?

          Yeah)) Bows from Makfa, my favorite))
          1. -1
            April 2 2024 11: 22
            Connoisseur??? I'm taking it off my ears...I also appreciate your efforts. fellow
        2. 0
          April 5 2024 19: 36
          Noodles or pasta..?

          - Think for yourself what you eat there.
    3. +3
      April 2 2024 08: 24
      Quote: Cyril
      “Growth of production” - what? - all around?

      Armaments...)
      1. -3
        April 2 2024 09: 47
        Not only weapons,
  2. -2
    April 1 2024 22: 32
    Russia needs a major baby boom after this war or hopefully an influx of Russians that live abroad.
    1. 0
      April 2 2024 08: 54
      Today, in European democratic Ukraine, presidential elections are being held.. The truth is only in the wet erotic dreams of the Ukrainians, because the nasal one canceled the elections in the Ukrainian concentration camp with her dictatorial pointer. At the same time, it is not clear who Ukraine is fighting against, since it has not yet declared war on anyone.
  3. 0
    April 2 2024 00: 02
    So you see, the “baby boom” will begin in Russia.
    1. 0
      April 2 2024 09: 49
      Baby booms usually occur in poor countries. All countries are poor and the baby boom is booming. Take Germany, the level is higher, and the baby boom is smaller than even in Ukraine.
    2. The comment was deleted.
  4. +3
    April 2 2024 03: 19
    When the war ends, the fastest pace will be in the construction sector. Hundreds of thousands of prisoners of war, dozens of destroyed cities, dozens of destroyed power plants, tens of thousands of kilometers of roads, tens of thousands of kilometers of pipelines, hundreds of thousands of kilometers of cables and thousands of electrical substations. And at the end of this, there is a demand for hundreds of millions of tons of cement, rebar, putty, timber, brick, cladding, slate and glass. And it will all be paid for with confiscated funds from Western companies.
    1. 0
      April 2 2024 04: 46
      How often do I demand my “Western Hectare” somewhere in Bavaria or Austria. There are also about a dozen families of prisoners of war under the state program for 10 years. I'm a farmer at heart)).
      1. 0
        April 2 2024 15: 01
        If in Austria you distribute one hectare at a time, then in two days there won’t be a scrap left of Oestreich! So, take it in the Far East, there is a lot of space there.
        1. 0
          April 3 2024 07: 11
          The climate, my friend, I think Austria is just right for my health. Yes, and I studied German at school, so it will come in handy to command the Swabians)).
    2. +2
      April 2 2024 08: 27
      Quote: Kuramori Reika
      Hundreds of thousands of prisoners of war

      Mm... It's unlikely. Firstly, there is nowhere to get such a quantity. Secondly, remember the history of the defeat of France and that. how Alexander I treated the losers. I’m sure it will be the same here...
    3. The comment was deleted.
    4. 0
      April 2 2024 20: 11
      Kuma was rich in thoughts! fellow
  5. -1
    April 2 2024 11: 03
    They make tanks.
  6. -1
    April 2 2024 14: 36
    Who is it - Kostin (VTB) decided to buy up legal proceedings, went with the inspection, and there were machines from 38 and what a comb! They kept the money in the National Welfare Fund, etc. They started this canoe, it was too early to invest money in the purchase of equipment, but now who will sell it? - but not much of yours. Well, our wise men sat on the pipe for more than 30 years, but now they’ve had enough, need forced them!
  7. 0
    April 2 2024 20: 03
    The curls take Western experts against the backdrop of the Western prosac.....
  8. +1
    April 3 2024 16: 33
    I read in the press: Russian analysts warn of a slowdown in the domestic economy. since 2021, the economy has grown by 1,5%, that is, less than a percent per year. This is a continuation of stagnation, at least since 2014, and in fact, since 1990. The accumulated problems persist and get worse. Experts are concerned about the falling standard of living, real incomes of the population, and the volume of consumer spending. The real estate market is a bubble ready to burst. Well, what’s the use of your growth in production, what’s the use of it for ordinary people, when prices are rising for everything from housing and communal services to food, inflation is high and cannot be curbed, the rich are getting richer, the poor are getting poorer, and city officials generally write letters to people in one place to their complaints, they are only concerned with the development of the budget, where cheap services and goods are purchased at inflated prices.