Russia’s industrial output fell 1.7 percent from a year earlier in May of 2022, following a 1.6 percent decline in the previous month and much less than market forecasts of a 5.4 percent contraction. It was the second and steepest fall in industrial activity since February last year, reflecting lower manufacturing output (-3.2 percent vs. -2.1 percent in April), mining (-0.8 percent vs. -1.6 percent), and water and sewage (-4.4 percent vs. -8.0 percent). On the other hand, electricity and gas supply output rose faster (4.0 percent vs. 2.0 percent). On a seasonally and calendar adjusted monthly basis, industrial output inched down by 0.2 percent, following a 1.9 percent drop in the previous month. source: Federal State Statistics Service
Industrial Production in Russia averaged 3.24 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 July of 2022.
Industrial Production in Russia is expected to be -8.20 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.