The seasonally adjusted S&P Global Russia Manufacturing Purchasing Managers’ Index (PMI) posted 54.3 in April, down from 55.7 in March, as Russia’s manufacturing sector continues to enjoy solid support from spending on the war in Ukraine. (chart) The latest expansion was stronger than the series average despite softening to the slowest in three months, S&P Global said in a press release on May 2. “Russian manufacturers signalled a further solid improvement in operating conditions during April. Although expansions in output and new orders softened slightly from March, they remained robust,” S&P…