Producer prices in Russia showed no growth from a year earlier in September of 2020, following twelve consecutive monthly declines and after a 0.8 percent drop in August. Deflation eased for mining & quarrying (-7.2 percent vs -8.9 percent in August) and prices advanced faster for manufacturing (1.5 percent vs 1.1 percent) and electricity, gas, steam & air conditioning (5.7 percent vs 4.7 percent). Meantime, inflation was steady for water supply (at 5 percent). On a monthly basis, producer prices went up 0.6 percent, after rising 1 percent in August.
Producer Prices Change in Russia averaged 9.29 percent from 2005 until 2020, reaching an all time high of 33.70 percent in July of 2008 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 October of 2020. source: Federal State Statistics Service
Producer Prices Change in Russia is expected to be -2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Russia to stand at 2.00 in 12 months time. In the long-term, the Russia Producer Prices Change is projected to trend around 3.00 percent in 2021 and 2.00 percent in 2022, according to our econometric models.