Russia Industrial production August 2023

Russia: Industrial output growth gains steam in August

Industrial output rose 5.4% compared to the same month a year earlier in August, which was above July’s 4.9% increase. The upturn came on the back of an improvement in manufacturing and mining and quarrying output.

On a monthly basis, factory output fell 0.3% in seasonally adjusted terms in August, which was below July’s 0.1% fall and marked the worst result since January. Meanwhile, annual average industrial production growth rose to 1.5% in August (July: +1.1%), signaling an improving trend in the industrial sector.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest