Industry in Russia

Russia Industry | Economic News & Forecasts

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

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

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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 Yield7.660.13 %Jun 14
Exchange Rate64.63-0.12 %Jun 14
Stock Market2,739-1.03 %Jun 14

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