Industrial production in Russia rose by 3% year-on-year in March of 2022, easing from a 6.3% surge in the previous month. It was the smallest increase in industrial activity since March last year, as output rose less for the extraction of raw materials (7.8% vs 8.7% in February) and it fell for manufacturing (-0.3% vs 6.9%). On the other hand, production grew faster for water and sewage (7.2% vs 6.9%) and it rebounded for electricity and gas supply (1.5% vs -4.2%). On a monthly basis, industrial output jumped 9.9%, reversing a 3 percent decline in the previous month. source: Federal State Statistics Service

Industrial Production in Russia averaged 3.27 percent from 2000 until 2022, 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 May of 2022.

Industrial Production in Russia is expected to be 0.20 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 1.00 percent in 2023, according to our econometric models.

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Russia Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-03-23 04:00 PM Feb 6.3% 8.6% 6%
2022-04-27 04:00 PM Mar 3% 6.3% -2.6% -2.2%
2022-06-01 04:00 PM Apr 3%


Related Last Previous Unit Reference
Business Confidence -2.00 -2.00 points Apr 2022
Industrial Production Mom 9.90 -3.00 percent Mar 2022
Industrial Production 3.00 6.30 percent Mar 2022
Manufacturing Production -0.30 6.90 percent Mar 2022
Capacity Utilization 61.00 61.00 percent Apr 2022
Changes in Inventories -153.80 1656.60 RUB Billion Dec 2021
Car Production 136.20 146.50 Thousand Units Apr 2021
Mining Production 7.80 8.70 percent Mar 2022
Corporate Profits 5113.80 3002.30 RUB Billion Feb 2022
Cement Production 4.92 3.89 Millions of Tonnes Apr 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
3.00 6.30 17.70 -16.90 2000 - 2022 percent Monthly

News Stream
Russia Industrial Output Growth at 1-Year Low
Industrial production in Russia rose by 3% year-on-year in March of 2022, easing from a 6.3% surge in the previous month. It was the smallest increase in industrial activity since March last year, as output rose less for the extraction of raw materials (7.8% vs 8.7% in February) and it fell for manufacturing (-0.3% vs 6.9%). On the other hand, production grew faster for water and sewage (7.2% vs 6.9%) and it rebounded for electricity and gas supply (1.5% vs -4.2%). On a monthly basis, industrial output jumped 9.9%, reversing a 3 percent decline in the previous month.
2022-04-27
Russia Industrial Output Growth Eases in February
Industrial production in Russia rose by 6.3% year-on-year in February of 2022, easing from the 8.6% increase in the previous month. Output rose at a slower pace for manufacturing (6.9 percent vs 10.1 percent in January) and the extraction of raw materials (8.7 percent vs 9.1 percent), while the production and distribution of electricity and gas declined (-4.2 percent vs 2 percent). On the other hand, the distribution of water and sewage increased (6.9 percent vs 0.4 percent). On a monthly basis, industrial output fell by 3.7 percent, extending the 20 percent tumble from January.
2022-03-23
Russia Industrial Output Growth at 7-Month High
Industrial production in Russia climbed 8.6 percent year-on-year in January of 2022 accelerating from a 6.1 percent rise in the previous month and beating market expectations of a 3.5 percent gain. It was the strongest growth in industrial activity since July, boosted by manufacturing (10.1 percent vs 4.3 percent in December) and production and distribution of electricity and gas (2 percent vs 1.9 percent). Meanwhile, output slowed for extraction of raw materials (9.1 percent vs 10 percent) and distribution of water, sewage (0.4 percent vs 9.6 percent). On a monthly basis, industrial output tumbled 20 percent, after a 12.5 percent advance in December.
2022-02-25