Russia manufacturing PMI for February in at 52.5

  • January was 54.7
  • A slower pace of expansion in February then

  • "Rates of growth in output, new orders and employment all eased from January peaks," said Paul Smith, senior economist at IHS Markit.

Meanwhile, in Ireland, February manufacturing PMI 53.8

  • January 55.5
  • sub-index measuring new export orders to 57.6 in February last month from 56.1 in January, the joint-fastest pace of expansion since July 2015.
  • Second consecutive month of rapid acceleration in input cost inflation (higher raw materials prices cited) put costs at their highest level since May 2011
  • Fall in stocks of finished goods - "which some firms said was the result of a deliberate policy of limiting inventories - also showed that manufacturers remained cautious despite the increased demand from clients"

Details via Reuters