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.