Industry in Russia
Russia - Industry
Industrial production slows in December
Industrial output growth lost steam in December, according to the Federal State Statistics Service (Rosstat). Industrial production increased 2.0% in annual terms, down from November’s 2.4%. The deceleration was driven by slower mining and quarrying activity along with water supply production.
For the full year 2018, industrial production grew 2.9%, above 2017’s 2.1%. On a monthly basis, industrial production grew 0.1% in December, rebounding from November’s 0.4% fall.
The FocusEconomics panel of analysts expects industrial output to expand 1.9% this year, which is down 0.2 percentage points from last month’s forecast. For 2020, the panel expects industrial production to increase 2.1%.
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||8.38||0.13 %||Feb 14|
|Exchange Rate||65.68||-0.12 %||Feb 14|
|Stock Market||2,461||-1.03 %||Feb 14|
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