S&P Global data compiled for the Reuters survey showed China's manufacturing PMI at 49.8, surpassing the 51.0 expectation and marking the fifth consecutive year of growth in the sector. ^[1] The S&P Global Russia Manufacturing Purchasing Managers' Index fell to 48.8 in August from 50.7 in July, marking the first contraction in three months. ^[2] S&P Global reported on 2026-09-01 that the Greece Manufacturing Purchasing Managers' Index rose to 54.4 in August from 54.3 in July, marking the strongest improvement in operating conditions since March. ^[3] Production recorded its fastest increase in three months, while new orders strengthened and export orders reached their highest level in six months. ^[4] The official manufacturing PMI rose to 49.8 from 49.2 in August, but remained below the 50 threshold required to indicate expansion. ^[5] Russian goods producers reported a modest decrease in new sales, attributing it to weak client demand and reduced liquidity at customers. ^[6] Russian manufacturers reduced their workforce numbers in August at the quickest rate in three months due to lower new order inflows and non-replacement of voluntary leavers. ^[7] Consequently, manufacturing firms scaled back production volumes in August, with output contracting for the first time since April 2026. ^[8] S&P Global stated that the latest data signaled the first decline in operating conditions in three months, with the deterioration being marginal overall. ^[9] The slight decline in total new work was reportedly due to weak consumer demand and tighter liquidity among buyers. ^[10] Employment remained unchanged following increases in June and July, while backlogs of orders rose at their fastest pace since March. ^[11]