Russia Industrial production January 2024

Russia: Industrial output growth picks up pace in January

Industrial output grew 4.6% compared to the same month a year earlier in January, which was above December’s 2.7% increase. The reading reflected a broad-based upturn, with activity in the manufacturing, mining and quarrying and electricity, gas, steam and air conditioning supply sub-sectors all improving in January.

On a seasonally adjusted monthly basis, industrial output rose at a 0.7% in January, following December’s flat reading and marking the best result since May 2023. Meanwhile, the trend improved notably, with the annual average growth of industrial production coming in at 4.1%, up from December’s 3.5% reading.

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