Industry in Russia
Russia - Industry
Industrial production growth slides in May
Industrial output growth slowed notably in May, after hitting a nearly two-year high in April. Industrial production increased 0.9% in annual terms, below April’s 4.6% rise. A drop in manufacturing production was chiefly behind the slowdown.
Annual average growth in industrial production fell to 2.6% in May from 2.8% in April. On a monthly basis, industrial production contracted 0.8%, contrasting April’s 1.2% increase.
Russia Industrial Production Forecast
The FocusEconomics panel of analysts expects industrial output to expand 2.0% this year, which is unchanged from last month’s forecast. For 2020, the panel expects industrial production to increase 2.3%.
Russia - Industry Data
|Industrial Production (annual variation in %)||0.4||1.6||-0.8||1.3||1.0|
5 years of economic forecasts for more than 30 economic indicators.
Russia Industry Chart
Source: Russian Federal State Statistics Service (Rosstat) and FocusEconomics calculations.
|Bond Yield||7.66||0.13 %||Jun 14|
|Exchange Rate||64.63||-0.12 %||Jun 14|
|Stock Market||2,739||-1.03 %||Jun 14|
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June 18, 2019
Industrial output growth slowed notably in May, after hitting a nearly two-year high in April.
June 11, 2019
Merchandise exports totaled USD 35.7 billion in April, which represented a 0.9% contraction from the USD 36.0 billion sum recorded in the same month of 2018.
May 27, 2019
Merchandise exports totaled USD 37.0 billion in March, which represented a 0.9% expansion from the USD 36.7 billion sum recorded in the same month of 2018.
May 17, 2019
GDP growth plunged to 0.5% year-on-year in the first quarter of 2019, according to a preliminary estimate.
April 30, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by IHS Markit eased from 52.8 in March, the best reading since January 2017, to 51.8 in April.