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2 results for "demand-weakness"

MarketsDeveloping
7.1

KamAZ considers 4-day workweek amid Russian truck sales decline, Chinese competition

Russia's largest truck manufacturer KamAZ is planning to reduce its workweek to four days starting June 1 due to falling domestic heavy truck sales and competitive pressure from Chinese surplus production. The move reflects broader weakness in Russian commercial vehicle demand and indicates production cuts may be necessary to manage inventory and costs.

Meduza English·RU · CN·about 7 hours ago
Confirmed
MarketsDeveloping
6.7

Russian Manufacturing PMI Declines to 48.3 in March, Signals Contraction

Russia's manufacturing Purchasing Managers' Index fell to 48.3 in March, below the 50-point threshold that signals contraction rather than expansion. Weakening new order inflows prompted manufacturers to reduce input purchasing. The data suggests ongoing economic pressure on Russia's industrial sector amid geopolitical tensions and sanctions.

TASS English·RU·about 7 hours ago
Confirmed