Industrial production in Russia declined 5.9 percent year-on-year in October of 2020, following a downwardly revised 3.6 percent fall in the previous month and compared to market expectations of a 6.1 percent drop. It was the seventh consecutive monthly decline in industrial activity. Output fell for distribution of electricity & gas (-3.7 percent vs -2.4 percent in September); manufacturing (-3.5 percent vs 0.5 percent); extraction of raw materials (-8.8 percent vs -9.4 percent). On the other hand, production of distribution of water & sewage rebounded (2 percent vs -0.7 percent). On a monthly basis, industrial output climbed 3.8 percent, following a 1.5 percent rise in September. source: Federal State Statistics Service

Industrial Production in Russia averaged 3.15 percent from 2000 until 2020, 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 December of 2020.

Industrial Production in Russia is expected to be -2.00 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 2.50 in 12 months time. In the long-term, the Russia Industrial Production is projected to trend around 3.80 percent in 2021 and 3.40 percent in 2022, according to our econometric models.

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Russia Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-5.90 -3.60 17.70 -16.90 2000 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-08-17 04:00 PM Jul -8% -9.4% -8% -7.2%
2020-09-15 04:00 PM Aug -7.2% -8% -7.1% -5.6%
2020-10-15 04:00 PM Sep -5% -4.2% -5.9% -5.6%
2020-11-17 04:00 PM Oct -5.9% -3.6% -6.1% -6%
2020-12-15 04:00 PM Nov -5.9%
2021-01-22 04:00 PM Dec
2021-02-17 04:00 PM Jan
2021-03-17 04:00 PM Feb


News Stream
Russia Industrial Output Drops for 7th Month
Industrial production in Russia declined 5.9 percent year-on-year in October of 2020, following a downwardly revised 3.6 percent fall in the previous month and compared to market expectations of a 6.1 percent drop. It was the seventh consecutive monthly decline in industrial activity. Output fell for distribution of electricity & gas (-3.7 percent vs -2.4 percent in September); manufacturing (-3.5 percent vs 0.5 percent); extraction of raw materials (-8.8 percent vs -9.4 percent). On the other hand, production of distribution of water & sewage rebounded (2 percent vs -0.7 percent). On a monthly basis, industrial output climbed 3.8 percent, following a 1.5 percent rise in September.
2020-11-17
Russia Industrial Output Falls Less than Expected
Industrial production in Russia declined 5 percent year-on-year in September of 2020, following a downwardly revised 4.2 percent fall in the previous month and compared to market expectations of a 5.9 percent drop. It was the sixth consecutive monthly decline in industrial activity. Output fell for distribution of electricity & gas (-2.6 percent vs -2.1 percent in August); manufacturing (-1.6 percent vs 0.4 percent); extraction of raw materials (-10 percent vs -10.6 percent) and distribution of water & sewage (-3.8 percent vs -5.2 percent). On a monthly basis, industrial output showed no growth, after a 3.5 percent rise in August.
2020-10-15
Russia Industrial Output Slips for 5th Month
Industrial production in Russia declined 7.2 percent year-on-year in August of 2020, following an 8 percent slump in the previous month and compared to market expectations of a 7.1 percent drop. It was the fifth consecutive monthly decline in industrial activity. Output fell at a softer pace for extraction of raw materials (-11.8 percent vs -15.1 percent) and distribution of water, sewage (-6.8 percent vs -7.1 percent). On the other hand, production declined faster for manufacturing (-4.1 percent vs -3.3 percent) and production and distribution of electricity, gas (-3.6 percent vs -2.6 percent). On a monthly basis, industrial output rose 2.9 percent, after a 3.4 percent rise in July.
2020-09-15
Russia Industrial Output Contracts Sharply in July
Russia's industrial production slumped 8.0 percent from a year earlier, easing from a 9.4 percent contraction in the previous month and matching market consensus. Output fell at a softer pace for manufacturing (-3.3 percent vs -6.4 percent in June), extraction of raw materials (-15.1 percent vs -14.2 percent) and production and distribution of electricity, gas (-2.6 percent vs -4.8 percent). At the same time, distribution of water, sewage plunged 7.1 percent in July, compared to a 6.5 percent drop in the previous period.
2020-08-17

Russia Industrial Production
In Russia, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 55 percent of total production. The biggest segments within manufacturing are: metallurgy (9.6 percent); coke and refined petroleum products (9.5 percent); food beverages and tobacco (8.4 percent); chemicals (4 percent); machinery and equipment (3.8 percent); transport (3.7 percent) and electrical equipment (3.4 percent). Mining and quarrying accounts for 35 percent, and natural gas and crude oil exploration represents 29 percent of total output. Also, electricity, gas and water supply accounts for 11 percent.