Industry in Russia

Russia Industry | Economic News & Forecasts

Russia - Industry

Industrial production growth drops in March

Industrial output growth plunged in March, according to the Federal State Statistics Service (Rosstat). Industrial production increased 1.2% in annual terms, down notably from February’s 4.1% which had marked the best reading since May 2017. Stagnating manufacturing output drove the deceleration along with a deeper fall in production of electricity, gas and air conditioning.

Accordingly, annual average growth in industrial production down to 2.8% in March from 2.9% in February. On a monthly basis, industrial production contracted 0.6%, contrasting February’s 1.2% increase.

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 2.2%.

Russia - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)0.4  1.6  -0.8  1.3  1.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Russia Industry Chart

Russia Industry
Note: Annual variation of industrial production in %.
Source: Russian Federal State Statistics Service (Rosstat) and FocusEconomics calculations.

Russia Facts

Bond Yield8.280.13 %Jan 30
Exchange Rate66.34-0.12 %Jan 30
Stock Market2,512-1.03 %Jan 30

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form