Producer prices in Russia increased 19.3 percent year-on-year in May of 2022, easing from a record high of 31.5 percent rise in the previous month. It was the lowest producer inflation since March of 2021 as prices slowed sharply for mining (26.1 percent vs 63.5 percent) and manufacturing (19.5 percent vs 25.8 percent). Meanwhile, costs accelerated for electricity, gas and steam (5.3 percent vs 4.8 percent). On a monthly basis, producer prices declined 6.9 percent, the most since April of 2020, compared to a 6.3 percent gain in April. source: Federal State Statistics Service
Producer Prices Change in Russia averaged 10.44 percent from 2005 until 2022, 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 June of 2022.
Producer Prices Change in Russia is expected to be 25.00 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 9.50 percent in 2023 and 7.20 percent in 2024, according to our econometric models.