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flag Russia's manufacturing contracted slightly in February 2026, with PMI rising to 49.5, output slowing in decline, new orders stabilizing after eight months of fall, but employment dropped sharply and inflation stayed high.

flag Russia's manufacturing sector saw a slight improvement in February 2026, with the PMI rising to 49.5 from 49.4, signaling the slowest contraction in nine months. flag Output fell at a reduced rate, and new orders stabilized after eight months of decline, though demand remained weak. flag Export orders declined faster than in January. flag Employment dropped at the sharpest pace since June 2025, and input purchases fell sharply. flag Inflation eased after a January VAT increase but remained elevated. flag Business confidence fell to a three-year low amid ongoing challenges.

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