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.

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Russia Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-06-01 04:00 PM Apr -1.6% 3% -1% 1%
2022-06-29 04:00 PM May -1.7% -1.6% -5.4% -7.5%
2022-07-22 04:00 PM Jun -1.7% -8.2%


Related Last Previous Unit Reference
Business Confidence -3.00 -2.00 points Jun 2022
Industrial Production Mom -1.90 -8.50 percent May 2022
Industrial Production -1.70 -1.60 percent May 2022
Manufacturing Production -3.20 -2.10 percent May 2022
Capacity Utilization 61.00 61.00 percent Apr 2022
Changes in Inventories 486.80 -153.80 RUB Billion Mar 2022
Car Production 136.20 146.50 Thousand Units Apr 2021
Mining Production -0.80 -1.60 percent May 2022
Corporate Profits 11439.00 7120.60 RUB Billion Apr 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
-1.70 -1.60 17.70 -16.90 2000 - 2022 percent Monthly

News Stream
Russia Industrial Output Falls Less than Expected
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.
2022-06-29
Russia Industrial Output Contracts for The First Time in 14 Months
Industrial production in Russia declined 1.6 percent from a year earlier in April of 2022, following a 3.0 percent gain in the previous period. It was the first contraction in industrial activity since February last year, as output shrunk for manufacturing (-2.1 percent vs. -0.3 percent in March), mining (-1.6 percent vs. 7.8 percent), and water and sewage (-8.0 percent vs. 7.2 percent). On the other hand, electricity and gas supply output rose faster (2.0 percent vs. 1.5 percent). On a monthly basis, industrial output fell 8.5 percent, reversing a 9.9 percent gain in the previous month.
2022-06-01
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