Producer prices in Russia rose 28.1 percent year-on-year in July of 2021, easing from a 31.1 percent jump in the previous month. Main upward pressure come from extraction of raw materials (43.5 percent); manufacturing (27.6 percent); electricity, gas, steam & air conditioning (5.2 percent) and water supply (2.8 percent). On a monthly basis, producer prices advanced 2.6 percent, following a 2.9 percent gain in June. source: Federal State Statistics Service
Producer Prices Change in Russia averaged 9.64 percent from 2005 until 2021, reaching an all time high of 35.30 percent in May of 2021 and a record low of -14.10 percent in May of 2020. This page provides - Russia Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Producer Prices Change in Russia is expected to be 17.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Producer Prices Change is projected to trend around 4.50 percent in 2022 and 4.00 percent in 2023, according to our econometric models.