Industrial production in Russia increased 4.7 percent year-on-year in August of 2021, easing from a 7.2 percent rise in the previous month and missing market expectations of a 5.8 percent gain. Output slowed for extraction of raw materials (6.4 percent vs 12 percent in July); manufacturing (3.1 percent vs 3.7 percent); production and distribution of electricity, gas (6.8 percent vs 6.7 percent) and distribution of water, sewage (12.4 percent vs 17.9 percent). On a monthly basis, industrial output went up 1.2 percent following an upwardly revised increase of 0.3 percent. source: Federal State Statistics Service

Industrial Production in Russia averaged 3.19 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 September of 2021.

Industrial Production in Russia is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.

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Russia Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
4.70 7.20 17.70 -16.90 2000 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-06-23 04:00 PM May 11.8% 7.6% 10.5% 11%
2021-07-22 04:00 PM Jun 10.4% 12.3% 10.1% 10.5%
2021-08-25 04:00 PM Jul 6.8% 10.2% 8.2% 8.5%
2021-09-22 04:00 PM Aug 4.7% 7.2% 5.8% 5.4%
2021-10-15 04:00 PM Sep 4.7%
2021-11-17 04:00 PM Oct
2021-12-16 04:00 PM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Russia Industrial Output Growth Less than Expected
Industrial production in Russia increased 4.7 percent year-on-year in August of 2021, easing from a 7.2 percent rise in the previous month and missing market expectations of a 5.8 percent gain. Output slowed for extraction of raw materials (6.4 percent vs 12 percent in July); manufacturing (3.1 percent vs 3.7 percent); production and distribution of electricity, gas (6.8 percent vs 6.7 percent) and distribution of water, sewage (12.4 percent vs 17.9 percent). On a monthly basis, industrial output went up 1.2 percent following an upwardly revised increase of 0.3 percent.
2021-09-22
Russia Industrial Output Growth Misses Forecast
Industrial production in Russia increased 6.8 percent year-on-year in July of 2021, easing from a downwardly revised 10.2 percent rise in the previous month and missing market expectations of an 8.2 percent gain. Output slowed for extraction of raw materials (11.6 percent vs 13.7 percent in June); manufacturing (3.4 percent vs 7.6 percent); production and distribution of electricity, gas (6.5 percent vs 8.1 percent) and distribution of water, sewage (16.7 percent vs 33.5 percent). On a monthly basis, industrial output went down 0.1 percent, after a 2.1 percent advance in June.
2021-08-25
Russia Industrial Output Rises for Fourth Month
Industrial production in Russia jumped 10.4 percent year-on-year in June of 2021, after a revised 12.3 percent gain in the previous month and compared to market expectations of a 10.1 percent increase. Industrial output rose for the fourth straight month in June, although at a softer pace compared with the prior month, as production increased less for manufacturing (7.7 percent vs 12.1 percent in May) and electricity, gas, and steam; air conditioning (8.0 percent vs 8.1 percent). On the other hand, output advanced faster for mining (13.8 percent vs 12.6 percent) and water supply (32.3 percent vs 27.4 percent). On a monthly basis, industrial production rose 1.3 percent, rebounding from a 1.7 percent decline in May.
2021-07-22
Russia May Industrial Production Beasts Forecasts
Industrial production in Russia jumped 11.8 percent year-on-year in May of 2021, after a revised 7.6 percent gain in the previous month and compared to market expectations of a 10.5 percent increase. It was the biggest gain since December of 2003, as extraction of raw materials production rebounded (12.3 percent vs -1.8 percent in April) while electricity, gas and steam; air conditioning output rose faster (8.7 percent vs 6.0 percent). Meanwhile, production went up at a softer pace for manufacturing (11.4 percent vs 14.9 percent in March) and water supply (23.8 percent vs 30.8 percent). On a monthly basis, industrial production dropped 2.1 percent, after a revised 4.1 percent decline in April.
2021-06-23

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.