Industrial production in Russia rose jumped 7.2 percent year-on-year in April of 2021, after a revised 2.3 percent gain in the previous month and compared to market expectations of a 6.5 percent increase. It was the biggest gain since November of 2010, as output increased faster for manufacturing (14.2 percent vs 5.4 percent in March) and water supply (25.9 percent vs 14.7 percent). Also, extraction of raw materials production declined less (-1.8 percent vs -4.6 percent). Meanwhile, electricity, gas and steam; air conditioning output rose at a softer rate (6.2 percent vs 11 percent). On a monthly basis, industrial production dropped 4.5 percent, after a revised 13.5 percent gain in March. source: Federal State Statistics Service
Industrial Production in Russia averaged 3.10 percent from 2000 until 2021, reaching an all time high of 17.70 percent in April of 2000 and a record low of -16.90 percent in January of 2009. This page provides - Russia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
Industrial Production in Russia is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Russia to stand at 2.80 in 12 months time. In the long-term, the Russia Industrial Production is projected to trend around 3.40 percent in 2022 and 2.00 percent in 2023, according to our econometric models.