Russia's industrial output growth picked up to 2.9 percent year-on-year in August 2019 from 2.8 percent in the previous month, beating market expectations of 2.2 percent. Output rose at a faster pace for: extraction of raw materials (3.1 percent vs 3.0 percent); production and distribution of electricity, gas (2.1 percent vs 1.7 percent); and distribution of water, sewage (4.1 percent vs 1.6 percent). Meanwhile, Manufacturing production rose at a softer 2.7 percent, compared to 2.8 percent in July. Industrial Production in Russia averaged 3.42 percent from 2000 until 2019, 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.

Industrial Production in Russia is expected to be 3.20 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 3.20 percent in 2020, according to our econometric models.

Russia Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-18 01:00 PM Industrial Production YoY May 0.9% 4.6% 1.5% 2%
2019-07-16 01:00 PM Industrial Production YoY Jun 3.3% 0.9% 2% 1.7%
2019-08-15 01:00 PM Industrial Production YoY Jul 2.8% 3.3% 3% 2.5%
2019-09-16 03:30 PM Industrial Production YoY Aug 2.9% 2.8% 2.2% 2.3%
2019-10-16 01:00 PM Industrial Production YoY Sep 2.9% 3.2%
2019-11-18 01:00 PM Industrial Production YoY Oct
2019-12-16 01:00 PM Industrial Production YoY Nov


Russia Business Last Previous Highest Lowest Unit
Business Confidence -2.00 -1.00 7.00 -20.00 Index Points [+]
Manufacturing PMI 49.10 49.30 54.70 47.60 [+]
Services PMI 52.10 50.40 58.40 41.30 Index Points [+]
Industrial Production 2.90 2.80 17.70 -16.90 percent [+]
Industrial Production Mom 2.50 -0.70 24.40 -26.10 percent [+]
Manufacturing Production 2.70 2.80 27.10 -28.10 percent [+]
Capacity Utilization 63.00 64.00 66.00 38.00 percent [+]
Changes in Inventories 144.30 -586.50 2009.30 -1157.20 RUB Billion [+]
Total Vehicle Sales 145545.00 139968.00 291020.00 39497.00 [+]
Car Production 110.20 138.00 187.00 18.20 Thousand Units [+]
Car Registrations 145545.00 139968.00 291020.00 39497.00 [+]
Leading Economic Index 1.60 1.80 9.90 -11.80 percent [+]
Internet Speed 11846.17 11607.38 12288.46 1909.63 KBps [+]
IP Addresses 19163474.00 19200437.00 19200437.00 2137082.00 IP [+]
Steel Production 6200.00 5875.00 6804.00 3130.00 Thousand Tonnes [+]
Mining Production 3.10 3.00 10.80 -7.70 percent [+]
Cement Production 6.59 6.43 7.70 1.60 Millions of Tonnes [+]
Competitiveness Index 65.62 63.97 65.62 4.13 Points [+]
Competitiveness Rank 43.00 45.00 67.00 43.00 [+]
Composite Pmi 51.50 50.20 58.30 44.70 [+]
Bankruptcies 3088.00 2937.00 3697.00 1103.00 Companies [+]
Corporate Profits 8040.50 6743.00 13797.20 -224.00 RUB Billion [+]
Corruption Index 28.00 29.00 29.00 21.00 Points [+]
Corruption Rank 138.00 135.00 154.00 47.00 [+]
Ease of Doing Business 31.00 35.00 124.00 31.00 [+]


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. This page provides - Russia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Industrial Production - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.90 2.80 17.70 -16.90 2000 - 2019 percent Monthly




Country Last Previous
Argentina -1.90 Jul/19
Australia 1.90 Jun/19
Brazil -2.50 Jul/19
Canada 1.44 Jun/19
China 4.40 Aug/19
Euro Area -2.00 Jul/19
France -0.20 Jul/19
Germany -4.20 Jul/19
India 4.30 Jul/19
Indonesia 8.10 Jul/19
Italy -0.70 Jul/19
Japan 0.70 Jul/19
Mexico -1.70 Jul/19
Netherlands -1.90 Jun/19
Russia 2.90 Aug/19
Saudi Arabia 1.40 Dec/18
Singapore -0.40 Jul/19
South Africa -1.10 Jul/19
South Korea 0.60 Jul/19
Spain 0.80 Jul/19
Switzerland 4.80 Jun/19
Turkey -1.20 Jul/19
United Kingdom -0.90 Jul/19
United States 0.40 Aug/19


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