Producer prices in Russia rose by 26.3 percent year-on-year in September of 2021, easing from a 28.6 percent jump in the previous month. That was the lowest producer inflation since March, amid a slowdown in costs of extraction of raw materials (41.4 percent vs 47.5 percent in August) and manufacturing (25.4 percent vs 27.2 percent). Conversely, prices advanced faster for electricity, gas, steam & air conditioning (6.4 percent vs 5.1 percent) and water supply (3 percent vs 2.9 percent). On a monthly basis, producer prices fell 1 percent, the first decline since May of 2020. source: Federal State Statistics Service
Producer Prices Change in Russia averaged 9.82 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 October of 2021.
Producer Prices Change in Russia is expected to be 27.50 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 8.00 percent in 2022 and 4.00 percent in 2023, according to our econometric models.