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.

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Russia Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
7.20 2.30 17.70 -16.90 2000 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-02-15 04:00 PM Jan -2.5% 2.1% -0.1% -0.3%
2021-03-16 04:00 PM Feb -3.7% -1.9% -2% -1.8%
2021-04-15 04:00 PM Mar 1.1% -3.2% -1% -1.4%
2021-05-25 04:00 PM Apr 7.2% 2.3% 6.5% 7%
2021-06-16 04:00 PM May 7.2% 10.5% 11%
2021-07-16 04:00 PM Jun
2021-08-17 04:00 PM Jul
2021-09-15 04:00 PM Aug


News Stream
Russia April Industrial Production Beasts Forecasts
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.
2021-05-25
Russia Industrial Output Unexpectedly Rebounds
Industrial production in Russia rose 1.1 percent year-on-year in March of 2021, after a revised 3.2 percent drop in the previous month and compared to market expectations of a 1 percent decrease. It was the first monthly gain in 2021, as manufacturing production rebounded (4.2 percent vs -1.7 percent in February) while electricity, gas and steam; air conditioning output rose faster (11 percent vs 9.0 percent). Also, extraction of raw materials production declined less (-5.6 percent vs -9.0 percent). In contrast, water supply output went up at a softer pace (9.7 percent vs 10.8 percent). On a monthly basis, industrial production jumped 12.2 percent, recovering from a 0.9 percent drop in February.
2021-04-15
Russia Industrial Output Falls the Most in 4 Months
Industrial production in Russia dropped 3.7 percent year-on-year in February 2021, after a downwardly revised 1.9 percent fall in the previous month and compared to market expectations of a 2 percent decrease. It was the biggest decline in industrial activity since October, as output fell faster for manufacturing (-2.4 percent vs -0.2 percent in January) and extraction of raw materials (-8.9 percent vs -7.4 percent). Also, production of both electricity, gas and steam; air conditioning (7.4 percent vs 8.7 percent) and water supply (7.7 percent vs 15.4 percent) slowed. On a monthly basis, industrial production declined 1.4 percent, extending a 20.6 percent slump in January.
2021-03-16
Russia Industrial Output Falls More than Expected
Industrial production in Russia fell 2.5 percent year-on-year in January 2021, after a revised 2.1 percent rise in the previous month and compared to market expectations of a 0.1 percent decrease. Output fell for manufacturing (-1 percent vs 7.9 percent in December) and continued to decline for extraction of raw materials (-7.1 percent vs -7.5 percent). Meantime, production of both electricity, gas and steam; air conditioning (7.3 percent vs 5.6 percent) and water supply (10.7 percent vs 6.5 percent) advanced faster. On a monthly basis, industrial production tumbled 21.1 percent, after a 13 percent jump in December.
2021-02-15

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.